OctaFX | OctaFX Forex Broker
Open trading account

ECB's Constancio: Diverging Fed/ECB could have greater repercussions that in the past

FXStreet (Bali) - European Central Bank vice president Constancio, speaking in HK, in a speech entitled 'Diverging monetary policies, global capital flows and financial stability', said diverging monetary policy between US and Eurozone could have greater global repercussions that in the past.

Key headlines

Sees 'potential spillovers' from zero lower bound exit

Sees euro area spillovers smaller than those of US

Sees risk of durable fragmentation of system

With huge us dollar debt being created around the world without liquidity backstops, we are still far from having a global lender of last resort adequate for our times

Sees monetary, financial system at 'a sort of crossroads'

South Korea BoK Interest Rate Decision unchanged at 1.5%

South Korea BoK Interest Rate Decision unchanged at 1.5%
Read more Previous

Shanghai Composite set to open down 0.2%

China's Shanghai Composite is set to open down 0.2%, while the CSI300 index is set for a decline of 0.1 %. Not much clues to be taken from the early price indications for those trading AUD.
Read more Next
Start livechat