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ECB’s de Cos: There is urgent need to improve functioning of the fiscal policy framework in Europe

ECB Governing Council member Paolo Hernandez de Cos recently crossed the wires, courtesy Reuters, noting that there is urgent need to improve the functioning of the fiscal policy framework in Europe.

He added that Euro area capital markets union needs to deepen.

  • EU’s Gentiloni: Europe needs economic and fiscal policies to support growth

EUR/USD remains trapped in a tight range around 1.1080 region, awaiting the FOMC decision for the next move.

AUD/USD climbs back closer to multi-week tops, comfortable above mid-0.6800s

The AUD/USD pair quickly reversed the weekly bearish gap opening, albeit struggled to extend the momentum and remained well within a broader trading r
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Attack on Saudi oil resurrecting geopolitical risk premium – ANZ

Daniel Hynes and Soni Kumari, Analysts at Australia and New Zealand Banking Group express their take on the attack on the Saudi oil facilities. Key Qu
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