EUR/USD
1.08782
-0.040%
Gold
2988.38
0.148%
Oil
67.446
0.837%
USD/JPY
148.886
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GBP/USD
1.29343
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GBP/JPY
192.577
0.158%
Real-time News
EU High Representative for Foreign Affairs and Security Policy Kallas: The conditions put forward by Russia show that Russia does not really want peace.Ukrainian military: shot down 90 of 174 drones launched by Russia at night.On March 17, ECB Vice President Guindos said in an interview with The Sunday Times that the eurozone inflation rate should continue to move closer to the ECBs target within the next year. The eurozones annual price inflation rate had been climbing in the months before February, casting doubt on the banks efforts to keep inflation at what it considers to be the most ideal level of 2%. Guindos said, however, that the process is now on track. He pointed out that slower wage growth will help reduce prices in the service sector. Last years facts proved that prices in the service sector rose too fast. "All indicators of the service sector and potential inflation are moving in the right direction," said Guindos.March 17, Danske Bank Research ECB observer Piet Haines Christiansen said in a report that it is still impossible to predict the ECBs decision at the April meeting. He said: "Looking ahead to the April meeting now, I firmly believe that it is impossible to make a prediction about the meeting at this stage." Unless there are clear signs that the upside risks to inflation will dominate, Christiansen expects the bank to cut interest rates. "However, this is not a set decision that the ECB will make." LSEG data shows that the money market currently expects a 60% chance of a 25 basis point rate cut at the ECBs April 17 meeting and a 40% chance of keeping interest rates unchanged.The State Council Information Office will hold a press conference on boosting consumption in ten minutes.
