Trump and Russia

Another U.S. Gaffe Lifts Euro to a 6-Month High

May 16, 2017

President Trump is alleged to have┬ádivulged elements of classified information regarding a terrorist plot to the Russians. He claims to have broken no law in doing so, but the optics surrounding this incident compound an already very toxic climate in U.S. politics. The dollar fell overnight by 0.7% against the euro (to a half-year low), […] More

Several Central Banks Hold Scheduled Policy Meetings

January 19, 2017

Central banks in Euroland, Indonesia, Malaysia and Chile hold their first interest rate policy meetings of 2017. The ECB retained a zero percent refinancing rate, flanked by a 0.25% interest on its marginal lending facility and a negative 0.40% deposit rate. Bond buying of EUR 80 billion per month will continue this quarter, followed by […] More

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