ForexMart's Forex News

Page 11 of 11 FirstFirst ... 91011
Results 101 to 105 of 105

Thread: ForexMart's Forex News

  1. #101
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    186
    Thanked: 0

    Default

    ForexMart's Forex News
    January 15. German economy shrank by only 5% in 2020

    According to preliminary data from the German Federal Statistical Office, the country's economy contracted by only 5% in 2020, less than expected. This was facilitated by the decisive measures of the German government, which made it possible to minimize the damage caused by the coronavirus pandemic.

    The fall in GDP turned out to be less than the forecast of 5.1% and less serious than the record economic contraction in 2009 during the global financial crisis. The agency also noted that the German economy faced stagnation in the IV quarter of 2020, but analysts are still expecting positive dynamics in the new year.

    Recall, that in March last year, the government of Angela Merkel took a number of measures to rescue and stimulate the largest economy in Europe. Specifically, incentives included helping companies struggling with the pandemic, job protection schemes for employees, tax cuts, and cash disbursements to boost domestic demand. The government also invested in green technologies and infrastructure.
    Regards, PR-Manager ForexMart

  2. #102
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    186
    Thanked: 0

    Default

    January 18. German economy faces significant decline if restrictions are extended

    The Bundesbank said today that the German economy still manages to stay afloat, but it could also face a «tangible blow» if the country extends restrictions to combat the coronavirus.

    As early as autumn, Germany introduced tougher measures, such as the closure of some schools and shops, to restrict the movement of people and prevent the spread of Covid.

    German Chancellor Angela Merkel is in favor of taking very quick measures to avoid mass morbidity. German authorities will meet this week to discuss tougher restrictions. However, the German central bank fears that if the measures are extended, the country's economy could be seriously affected.
    Regards, PR-Manager ForexMart

  3. #103
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    186
    Thanked: 0

    Default

    January 19. Important macroeconomic publications of the day

    Macroeconomic calendar on Tuesday does not differ in the variety of publications, however, attention should be paid to the following reports that can affect the dynamics of trading in the single European currency.

    According to the report of the German Institute ZEW, the index of business sentiment in Germany, assessing business expectations, amounted to 61.8 points in January against 55.0 a month earlier. Analysts predicted the value of the January indicator at 55.1.

    A similar report on business sentiment in the eurozone showed an increase in the indicator from 54.4 points in December to 58.3 points in January. Experts had expected the value of the January indicator at 54.1.

    The German Federal Office for Statistics Destatis presented its final inflation report today. The consumer price index in Germany rose 0.5% in December, in line with preliminary data and analysts' forecasts. In annual terms, consumer inflation in December decreased by 0.7%.
    Regards, PR-Manager ForexMart

  4. #104
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    186
    Thanked: 0

    Default

    January 20. Joe Biden takes over as President of the United States

    Today is a very important day for the United States of America – the inauguration of the new President-elect Joe Biden. The 78-year-old Democrat will become the oldest president in U.S. history and lead a country plagued by the coronavirus pandemic and political divisions.

    Biden's companion Kamala Harris, the daughter of immigrants from Jamaica and India, will become the first black, first woman, and first Asian American to be elected US Vice President.

    The inauguration ceremony will take place at the Capitol Building, where the unprecedented storming of the building by supporters of Donald Trump was organized on January 6. As a result of this «action», the US House of Representatives last week impeached the incumbent president for the second time, which also has never happened in the history of the country.

    Contrary to tradition, the outgoing president will not be present at the inauguration of his successor: this morning D. Trump left the White House and Washington without admitting defeat in the elections.
    Regards, PR-Manager ForexMart

  5. #105
    Senior Member KostiaForexMart's Avatar
    Join Date
    Mar 2019
    Posts
    186
    Thanked: 0

    Default

    in ro ham eslah kon:
    January 21. ECB expectedly kept the base rate at zero level

    The Board of Governors of the European Central Bank (ECB) at its meeting today kept the base interest rate at a record low zero, as expected by most experts. The rate has been at this level since March 2016.

    The deposit rate was also left unchanged – at the level of minus 0.5%, while the margin rate remained at 0.25%.

    The European regulator noted that it will keep all rates at (or below) the current level until inflation approaches the target level of 2%.

    In addition to rates, the ECB left unchanged the parameters of the special asset purchase program Pandemic emergency purchase program (PEPP). At the moment, its volume is 1.85 trillion euros. The program will run at least until the end of March 2022.
    Regards, PR-Manager ForexMart

Similar Threads

  1. Forex News from InstaForex
    By IFX Gertrude in forum Daily Market News
    Replies: 682
    Last Post: 01-22-2021, 04:14 AM
  2. Company News by ForexMart
    By Andrea ForexMart in forum Forex Brokers Discussion
    Replies: 416
    Last Post: 01-18-2021, 12:51 PM
  3. Forex Market News
    By RusefSandi in forum Daily Market News
    Replies: 122
    Last Post: 12-13-2019, 02:01 AM
  4. December News in Forex
    By CarlosR in forum Daily Market News
    Replies: 1
    Last Post: 12-13-2017, 10:19 PM
  5. what is the way for earn news about forex?????
    By israr_ali in forum General Forex Discussion
    Replies: 1
    Last Post: 10-25-2012, 07:53 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us