Tag: euro area
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Digital Euro System Now Underway in Europe, EU Commission Says It ‘Won’t Replace Cash’ – The Daily Hodl
The European Commission has proposed a legislative plan for the launch of a new digital euro payments system, one that it says will not...
EU publishes draft bill for digital euro and cash payments
The European Commission released two proposals on Wednesday, one for the digital euro, the European Central Bank’s (ECB) central bank digital currency (CBDC), and...
European Commission To Present Regulatory Framework For Digital Euro In June
Fabio Panetta, a member of the Executive Committee of the European Central Bank (ECB), recently announced that the European Commission would be presenting a...
Week Ahead – Debt ceiling drama, Turkish rate decision pre-Presidential run-off – MarketPulse
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Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, flash PMIs, and bank stress. It will be a...
Weekly Market Wrap: Bitcoin dips to US$26,166 as memecoins flood the blockchain
Bitcoin fell 9.42% from May 5 to May 12 to trade at US$26,365 as of 7:30 p.m. on Friday in Hong Kong. The world’s...
Week Ahead – US CPI data eyed while BoE seeks to get inflation back below 10%
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The labor market is showing signs of resilience, but now the focus shifts back to inflation, with a close eye staying on the...
ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation...
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases...
The Underbanked Uncomfortable With New Digital Euro Payment Solution — ECB Digital Wallet Study
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On April 24, 2023, the European Central Bank (ECB) published the findings of focus groups and in-depth interviews in all euro...
Week Ahead – All eyes on China’s GDP, UK CPI, Flash PMIs, and Earnings
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The first few banks are delivering a strong start to earnings season, reigniting soft landing calls, while large parts of Wall Street remain...
Week Ahead – Focus on the US jobs report as the Fed ponders more rate hikes
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There are no prizes for guessing what the highlight next week will be. The US jobs report is widely regarded as being the...
Bitcoin, Ether fall; top 10 cryptos mixed; gold closes March 8% higher
Bitcoin and Ether fell during Asian trading hours on Friday, while the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed,...
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