ECB economic bulletin: Inflation lasting longer than originally expected but to decline next year 0 (0)

ECB remarks in its latest economic bulletin
First, energy prices – especially for oil, gas and electricity – have risen sharply. In September, energy inflation accounted for about half of overall inflation. Second, prices are also going up because recovering demand related to the reopening of the economy is outpacing supply. These dynamics are especially visible

Go to Forexlive

German economic advisers cut growth forecast for the year, see more inflation 0 (0)

The latest projections by the economic advisers to the German government
– 2021 GDP seen at +2.7% (previously +3.1%)
– 2022 GDP seen at +4.6% (previously +4.0%)
Their previous projections came in March, so that is pretty much irrelevant at this stage considering the change in circumstances over the past few months especially amid supply bottlenecks and rising

Go to Forexlive

China state-owned firms said to call on regulators to adjust lending restrictions to property developers for M&As 0 (0)

According to sources cited by Chinese media outlet, Cailianshe
It is reported that some Chinese state-owned firms have told regulators to consider adjusting the ‚three red lines‘ on lending restrictions to property developers in order to facilitate mergers and acquisitions within the space.

Go to Forexlive