FlowBank

1210 days ago

Eurobond yields hit a record low

However, this is not a surprise. The ECB promised to do what they could to keep borrowing costs as low as possible. In fact, many countries are even paid to borrow, such as Spain and Portugal. 

#Bonds #Macro
eurozone bonds yields

1211 days ago

Quick summary of what the ECB just changed
The European Central Bank on Thursday expanded its massive monetary stimulus program by 500 billion euros ($605 billion). The total size of the PEPP bond buying program is now 1,850 billion euros. The ECB held rates on its main refinancing operations, marginal lending facility and deposit facility at 0.00%, 0.25% and -0.50%, respectively. The central bank launched its Pandemic Emergency Purchase Programme (PEPP) in a bid to shore up the bloc’s economy in the wake of the pandemic.
#Forex #Macro
Quick summary of what the ECB just changed

1211 days ago

Germany's V-shaped export recovery is looking wonky

Germany's exports and imports remained depressed in October

#Macro
Germany's V-shaped export recovery is looking wonky

1211 days ago

The second major Covid-19 wave has killed more than the first in April

On the graph below, the number of deaths per day, per continent. As of today, the total human cost is of 67 million cases confirm, out of which 1.53 million sadly passed away. 

#Macro
covid death 2020

1211 days ago

Divergence between the US and the EU on a macro perspective

The Euro economic surprise index has been increasing, while the US remain on a downtrend. Will the two meet any time soon?

#Macro
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