ECB to provide monetary stimulus as lockdowns hinder recovery
The ailing European economy still struggles to recover from the effects of the virus. Today’s ECB meeting focused on the Euro’s interest rate, the PEPP, the APP, the TLTRO III with more measures to...
All eyes are on Capitol Hill for Inauguration Day
Attention is now turned to Joe Biden's inauguration as the next president of the United States. The event will be marked by a high-security presence due to possible civil unrest and the lack of...
A potential 2 Trillion Dollar bill could strengthen markets across the globe
A proposed new stimulus bill for a whooping 2 Trillion USD has markets talking as the new administration is preparing to take charge in the US. The government will maintain its’ commitment to continue...
PMI data could show possible 2020 economic recovery on the way
New financial data provide further optimism for a possible V-shaped recovery this year as major economies post promising results concerning PMI figures. The index consists of surveys among hundreds of purchasing managers on the...
FED meeting to signal the near-term direction of the economy
With the upcoming FOMC projection, investors are eagerly awaiting to find out where the US economy would be headed in the foreseeable future. The FED would be releasing a report that should cover inflation...
Poor economic showing for the Chinese economy with government bonds to the rescue
China has interrupted the decades-long tradition of setting an annual growth rate target due to the global outbreak. The government has nonetheless pledged to provide a financial stimulus for the economy, hoping for a...
Japanese recession looming on the horizon as economic data disappoints
The Japanese economy is suffering under the blows of the global outbreak. New data suggests that the country’s economy can now be considered in recession again (previously, it was classified that way back in...
New job statistics show record-shattering unemployment rates
Friday job statistics release continue showing disheartening results as the whole number of non-farm payroll employment reached 20.5 million in April. According to the US Bureau of Labor Statistics this shows an unemployment rate...
Quarterly GDP data confirm fears and spark response from central banks
According
to new government data the US GDP fell 4.8% for Q1 of 2020 per a
report by the Bureau of Economic Analysis. Final revisions are still
unclear, but further drops may be recorded. It was previously
expected...
Governments respond to job market crisis amidst uncertainty
While
the global SARS pandemic has not eased its’ grip on the population
at large economy experts and leaders on both sides of the Pond are
working on stimulus packages for both businesses and individuals that
would, hopefully,...
