European Central Bank's Balance Sheet Equals to 64% of Eurozone GDP
The European Central Bank is inflating the balance sheet, raising the mark by €32.4 billion over the past year.
A Bear Market Is On The Horizon Amid Weak Economic Data On Holger Zschaepitz Thoughts
By the end of the week, investor sentiment remains subdued. Weak economic data instil uncertainty and, perhaps, fear.
The European Central Bank Reported An Increase of 1.4% In Outstanding Debt Securities
Eurozone residents increased the outstanding amount of debt securities from 4.4% in April to 5.8% in May 2020
Eurozone Will Abandon Visa (V) & Mastercard (MA) In Favor Of Its Payment Platform
The ECB announced an initiative to develop its own payment system bypassing Visa and Mastercard.
European System Of Central Banks Supports Non-Euro Area Central Bank With Additional Liquidity
Eurosystem REPO facility for Central banks (EUREP) introduced as a prudent backstop to meet the Euro's pandemic-related liquidity needs outside the Eurozone