EURCNH EUR/CNH
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- -0.03154-0.40%
EUR/CNH News
ECB's De Guindos: We Will Have More Information in December Than in October
Eurozone Peripheral Bonds Look Expensive, Trend Likely to Stay for Now -- Market Talk
German Annual Producer Prices Decline 0.8% in August
China Central Bank Unexpectedly Keeps Loan Prime Rates Steady
Nomura: There is no consumer-driven economic recovery, the ECB will lower interest rates more aggressively.
Nomura believes that the lack of consumer-led recovery will increase the risk of euro area economic growth falling short of expectations. It is expected that the European Central Bank may gradually decrease interest rates, lowering the deposit rate to 2.50% in September 2025, but the pace of rate cuts may be faster, and the terminal rate may also be lower than the level predicted by the institution.
Don't panic! The German central bank openly reveals that the "locomotive" of the European economy may have entered a recession.
In its latest monthly report, the German central bank expects that GDP growth in the third quarter may experience "stagnation or slight decline". If the economy shrinks in the third quarter, it would mean that Germany has officially entered a technical recession. The German central bank also emphasizes that a clear, widespread, and sustained economic recession is currently unlikely.
ECB's Schnabel: Sticky Services Inflation Is Keeping Headline Inflation at Elevated Level
Euro Stoxx 50 Elliott Wave Technical Analysis [Video]
Eurozone's Current Account Surplus Falls in July
Rally 300 points! The offshore RMB broke through 7.07, and calls for domestic interest rate cuts and reserve ratio cuts are rising.
Will there be a follow-up on interest rate cuts tomorrow?
European Central Bank board member Villeroy: may need to accelerate the pace of interest rate cuts.
European Central Bank Governing Council member Mario Centeno said in an interview with Politico that the European Central Bank may need to accelerate the pace of interest rate cuts to prevent inflation from falling below expectations. "Given where we are in the monetary policy cycle, we do need to minimize the risk of inflation falling below our target, because that is the main risk," Centeno said, as reported.
European Equities Close Lower in Wednesday Trading; EU, Euro Area Inflation Declines in August
European Central Bank Committee: Patience must be maintained to achieve the 2% inflation target.
Joachim Nagel, member of the European Central Bank's Executive Board and President of the German Central Bank, stated that the European Central Bank has made good progress in reducing inflation, but patience is still required to fully achieve the 2% target.
Eurozone's Annual Inflation Confirmed at 2.2% in August
Eurozone's Monthly Construction Output Stable in July
European Central Bank official Villeroy: Interest rates should continue to be lowered.
European Central Bank Management Committee member Francois Villeroy de Galhau stated that the central bank should continue to lower interest rates, as inflation is expected to persistently return to 2% next year. Villeroy, who also serves as the governor of the Bank of France, stated on Wednesday that although there will be some fluctuations in price data in the coming months, overcoming inflation is "within reach." "We have already cut interest rates twice, and we should continue to do so," he told BFM TV. Previously, Villeroy urged officials to gradually relax monetary policy, but did not provide any guidance on the timing of future actions.
ECB's Villeroy: Likely to Continue to Cut Rates
Eurozone Bond Yields Edge Lower as Market Awaits Fed's Rate Decision -- Market Talk
ECB's Villeroy: French Goal to Cut Deficit to 3% of GDP by 2027 Is Not Realistic
German Equities Recover; Economic Sentiment Worsens