Today Mario Draghi, President of the European Central Bank, said that they needed monetary expansion and that they needed to be patient for the first interest rate hike. On the other hand, the failure of German coalition partners to agree on the issue of immigrants is one of the key issues that put pressure on euro assets as well as the question of whether the coalition is deteriorating on the market side. In addition, economically problematic countries such as Italy and Spain are among the fact…
kahinistanbul's Blog
EURusd overview
We spent last week in terms of news flow and data-intensive U.S. Non-Farm Payrolls estimated with over 228 thousand respectively. When you look at average hourly earnings, was announced as 0.2 percent. The unemployment rate last month took place in parallel with data. When we look at data for the euro area, Germany's foreign trade balance German factory orders below expectations met expectations while giving in excess of 19 billion euros to 900 million showed. Euro-zone PPI figures remained belo…