The Frankfurt-based institution said it will buy 15 billion euros ($17 billion) of assets a month from October to December, and that a decision to halt the program after that continues to be contingent on incoming economic data. Policy makers reiterated that interest rates will remain at their present record lows “at least through the summer” of 2019.
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Red Alert : Global Economic Data – Jackson Hole Speech – Gold Silver Reports
Jackson Hole Speech: The Economic Policy Symposium, held in Jackson Hole, Wyoming, is attended by central bankers, finance ministers, academics, and financial market participants from around …
China: Cutting our GDP forecast – Gold Silver Reports
A race between government stimulus and damages from trade war
China’s overall economic performance in terms of GDP depends on whether fiscal stimulus and monetary easing are big enough and happening fast enough to offset the negative impact on exports and related manufacturing activity from the ongoing trade war.
PNB, other PSBs May Get ₹ 8,000 Crore Lifeline
Gold Silver Reports (GSR) – India’s 3rd-largest state-run lender will issue preferential shares to the government, the people said, asking not to be named as the information isn’t public. This will help restore capital to the level needed to pay the coupon that’s due July 25, they said.
Japan May Preliminary Leading Indicator Index 106.9 vs 106.6 Expected
Gold Silver Reports (GSR) – The index is used as a reference to economic conditions, but most of the indicators used to make up the index has already been released individually – so there isn’t much of an impact on this release.
- Prior 106.2
- Coincident index 116.1 vs 116.1 expected
- Prior 117.5