The euro seems to be in focus ahead of a European Central Bank (ECB)meeting later on Thursday, where any positive comments about the economic outlook or hints of tapering bond purchases are expected to help the euro. Analysts at National Australia Bank give their view on the ECB monetary policy announcement. “Meeting should be without [...]
Euro seem to be in the uptrend as greenback weakens amid a return of risk-off mood ahead of the Eurozone data. The futures linked to the US indices flipped to losses, suggesting risk-aversion. Investors are doubtful on the prospects of the post-pandemic economic recovery and on the US President Joe Biden’s $2.25 trillion infrastructure plan. [...]
In a welcome news with a kick start at the beginning of the month, Ursula Von der Leyen, AstraZeneca will start deliveries of its COVID-19 vaccines one week earlier than expected. The Chief of the EU also added that the Anglo-Swedish pharma company will deliver nine million more doses of its vaccine to the Union [...]
European Union (EU) scheduled to decide budget and relief package on Thursday alongside European Central Bank's monetary policy decision. Both Poland and Hungary have vowed to veto the budget, including the €750 billion ($909 billion) coronavirus stimulus package. Both nations believe the budget is punishing them for their conservative values, as noted by Financial Times. [...]
