A great number of investors actually don’t expect Germany’s economy to revive quickly from a poor patch in the nearer future…
ECB Meeting & Press Conference
|Meetings of the European Central Bank tend to have a great impact on the euro. The regulator will announce its rate decision at 14:45 MT time on December 14.|
|At its last meeting in October, the ECB reduced purchases in half as the euro area’s economy showed its best performance in a decade. At the same time, the regulator extended the program by nine months, as inflation is still very low.|
|The ECB president Mario Draghi mentioned that some decisions may be left for December. Watch his press conference at 15:30 MT. The event is going to be a big driver of the euro. If the ECB is positive about the region’s economic and inflation outlook, the euro will rise. If Draghi emphasizes negative risks, the EUR will decline.|
The US will release monthly consumer price index figures (CPI) for October at 15:30 MT time on November 14.
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…