- Analytics
- News and Tools
- Market News
- ECB Economic Bulletin: Survey data point to weakening global economic activity at the turn of the year
ECB Economic Bulletin: Survey data point to weakening global economic activity at the turn of the year
In an Economic Bulletin article published on Thursday; the European Central Bank (ECB) offered updates on the economic, financial and monetary developments in the Euro area.
Key highlights
The Governing Council's future policy rate decisions will continue to be data-dependent and follow a meeting-by-meeting approach.
Survey data point to weakening global economic activity at the turn of the year, following robust growth in the third quarter of 2022.
Price pressures remain strong, partly because high energy costs are spreading throughout the economy.
Wages are growing faster, supported by robust labour markets, with some catch-up to high inflation becoming the main theme in wage negotiations.
Market reaction
EUR/USD has shrugged off the release of the ECB’s Economic Bulletin. The pair is adding 0.21% on the day to trade at 1.0709, as of writing.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
