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This is a discussion on EUR News within the Analytics and News forums, part of the Trading Forum category; Global financial system is now better prepared to face another crisis, if and when it occurs, Chair of the Supervisory ...

          
   
  1. #511
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    ECB's Nouy Says Financial System Better Equipped To Deal With Another Crisis

    Global financial system is now better prepared to face another crisis, if and when it occurs, Chair of the Supervisory Board of the European Central Bank Daniele Nouy said.

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    Italy Industrial Production Unexpectedly Declines

    Italy's industrial production dropped in July, defying expectations for an increase, preliminary data from the statistical office ISTAT showed Wednesday. Industrial production decreased a working-day adjusted 1.3 percent year-on-year after a 1.4 percent rise in June, which was revised from 1.7 percent.

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    Eurozone Consumer Confidence Unexpectedly Improves

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    Euro area consumer confidence improved modestly in October, defying economists' expectations for further decline, preliminary data from the European Commission showed on Tuesday. The flash consumer confidence index climbed to -2.7 from -2.9 in September, which was the lowest since May 2017.

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    ECB To Maintain Status Quo

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    The European Central Bank is widely expected to maintain status quo on conclusion of its policy session on Thursday as the recent developments, some slightly dismal, are too insignificant to warrant a change of course. Meanwhile, ECB President Mario Draghi is likely to adopt a slightly more dovish tone as core inflation is yet to show any sharp pick-up that the bank expected earlier.

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  5. #515
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    German Factory Orders Unexpectedly Rise For Second Month

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    Germany's factory orders grew for a second straight month in September, defying expectations for a fall, preliminary data from the Federal Statistical Office showed on Tuesday.

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