The ECB is set on divesting from fossil fuel resources.Green bond purchases by European banks reached €20 billion in 2021.London-based banks have to increase their investment in Europe to continue operations. The euro fell 4.37% against the British pound from its 4-month high of 0.9255. The pair traded at a low 0.8851 on January 27, 2021, amid the news that the European … [Read more...] about EUR/GBP: Drastic Green Bonds Purchases May Disadvantage the Euro
Waw Forex Signals Review
Waw Forex Signals is a signal provider that claims to deliver 400-1500 pips every month and high-quality signals each week. With the help of the best technical and fundamental analysts, it promises to enhance your profits in the Forex market. But, the thing is there are several signal provider services available on the market today and a Forex trader needs to assess … [Read more...] about Waw Forex Signals Review
Bond Spreads As An Indicator For Currency Movements
On July 4, 2019, Reuters ran the following headline, “Sliding government bond yields keep dollar and euro under pressure.” A few paragraphs under the headline, the publication explained that increasing bond prices were pressuring the world’s most valuable currencies toward lower prices. If you were keen enough while reading the above paragraph, you must have noticed some … [Read more...] about Bond Spreads As An Indicator For Currency Movements
Consumer Confidence Tops Expectations to Rise 2.2% in January-The Conference Board
U.S consumer confidence index rose to 89.3 in January, up from December’s 87.1, and above expected 89, according to the Conference Board press release. The increase was fueled by optimism about the outlook of the economy and job market in light of fiscal aid and coronavirus vaccines distribution. The gauge of expectations rose to a three-month high of 92.5, while a … [Read more...] about Consumer Confidence Tops Expectations to Rise 2.2% in January-The Conference Board
ECB Intensifies Scrutiny of Top Banks on Potential Loan Default Risks
The European Central Bank will increase scrutiny of credit risk preparedness by banks on potential loan defaults brought by the pandemic, according to Bloomberg. ECB officials and national watchdogs are pushing lenders to give additional information on their corporate lending in 2020. ECB Supervisory Board Chairman Andrea Enria has severely warned of an increase in banks' … [Read more...] about ECB Intensifies Scrutiny of Top Banks on Potential Loan Default Risks
