ECB’s Nagel: Central bank will take decisive action if needed to bring inflation down
Source Fxstreet
The comments from European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel released during Friday’s European session on Bloomberg signal that the central bank is committed to a chieve price stability.
Comments
ECB will take decisive action if needed to bring inflation back to target.
Consumer-price growth has picked up again.
Can’t be ruled out that prices will continue to rise in the coming weeks.
Higher energy costs being a major contributing factor.
Disclaimer: The content available on Mitrade Insights is provided for informational and marketing purposes only. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.
Recommended Articles
Bitcoin Open Interest Plunges: Derivatives 'Flush Out' May Signal Major BottomBitcoin open interest has seen its sharpest 30-day drop of the cycle, with 1.3 million BTC in futures wiped out as price falls over 30% from $126,000 — a deleveraging that analyst “Darkfost” says could mark a bottom if BTC can later reclaim the $90,000–$96,000 zone and revive the bull trend.
Bitcoin open interest has seen its sharpest 30-day drop of the cycle, with 1.3 million BTC in futures wiped out as price falls over 30% from $126,000 — a deleveraging that analyst “Darkfost” says could mark a bottom if BTC can later reclaim the $90,000–$96,000 zone and revive the bull trend.
Silver Price Forecast: XAG/USD rises to near $72.50 due to bullish biasSilver price (XAG/USD) gains nearly 4%, trading around $75.50 during the European hours on Monday. The technical analysis of the daily chart timeframe suggests the price of the precious metal remains within an ascending channel pattern, suggesting a persistent bullish bias.
Silver price (XAG/USD) gains nearly 4%, trading around $75.50 during the European hours on Monday. The technical analysis of the daily chart timeframe suggests the price of the precious metal remains within an ascending channel pattern, suggesting a persistent bullish bias.
Bitcoin steadies at $70k while Ethereum and XRP face key resistance levels; technicals show bearish MACD crossovers despite oversold RSI conditions.
Understand how the Strait of Hormuz shock moved markets, and what CFD traders watched next.
WTI Price Forecast: Climbs above $86.00 as 100-day SMA breakout comes into playWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts buyers for the second straight day on Tuesday as escalating US-Iran tensions and the standoff over the Strait of Hormuz continue to fuel supply concerns.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts buyers for the second straight day on Tuesday as escalating US-Iran tensions and the standoff over the Strait of Hormuz continue to fuel supply concerns.
