OctaFX | OctaFX Forex Broker
登录
开通账户
Back

ECB's Draghi: CPI slowdown to 0.4% in July due to lower energy prices

FXStreet (Łódź) - The ECB head points out that Eurozone indicators have been volatile in Q2, following the 0.2% GDP increase in Q1and the Governing Council sees a “continued moderate and uneven recovery in the euro area economy”.

• “The progress made in fiscal consolidation and structural reforms and gains in real disposable income should make a positive contribution to economic growth,” Draghi suggests.

• Draghi sees rising geopolitical tensions as a downside risks to Eurozone economic recovery.
• He attributes the CPI slowdown to 0.4% in July to lower energy prices.

• The current low HICP will be followed by an upward movement.

• "Labor markets have shown signs of improvement, however rate of unemployment remains high."

• Demand for loans by non financial corporations and households in the Eurozone has increased, according to reports from financial institutions.

EUR/USD falls and bounces on Draghi, claims

The EUR/USD plunged to fresh daily lows at the beginning of the New York session as better-than-expected US jobless claims data and ECB Draghi’s comments weighed on the pair.
了解更多 Previous

ECB's Draghi: Difficult to say what impact geopolitical tensions have on European markets

During the Q&A part of the presser Draghi speaks about the risks stemming from the unrest in Ukraine and EU's sanctions against Russia, saying that there are few EU financial institutions that are specifically exposed to Russia.
了解更多 Next
开始在线聊天