Economists at the ECB are preparing forecasts for President Mario Draghi to unveil next week that will show whether they still believe an upturn will materialize in the second half of the year. The Governing Council must then decide if it should yet again deploy any of its many tools — including a
— Read on ca.finance.yahoo.com/news/draghi-10-days-gauge-recovery-040000620.html
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Euro Rises as Mainstream Europe Holds Populist Parties at Bay
(Bloomberg) — The euro rose, reversing an earlier decline, as initial exit polls showed mainstream European Union parties held their ground against populists in elections for the bloc’s Parliament.
— Read on ca.finance.yahoo.com/news/euro-rises-mainstream-europe-holds-214645196.html
Ghana Central Bank Leaves Key Interest Rate Unchanged at 16% – Bloomberg
Ghana’s central bank held its benchmark interest rate even as inflation reached a six-month high in April
— Read on www.bloomberg.com/news/articles/2019-05-27/ghana-central-bank-leaves-key-interest-rate-unchanged-at-16
China is digging in its heels on protecting a state-run economy
As trade talks between the U.S. and China increasingly center on Chinese treatment of foreign companies, Beijing says major American complaints about structural aspects of its economy are running up against “core interests.”
— Read on www.cnbc.com/2019/05/27/china-is-digging-in-its-heels-on-protecting-a-state-run-economy.html
Bitcoin price: Hitting its highest level of 2019
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.
— Read on www.cnbc.com/2019/05/27/bitcoin-price-hitting-its-highest-level-of-2019.html
Japan’s BOJ chie Kuroda sounds alarm on global economy ahead of G-20
Bank of Japan Governor Haruhiko Kuroda said Group of 20 meetings this year will discuss current account balances and also said bilateral trade measures will not resolve such imbalances.
— Read on www.cnbc.com/2019/05/27/japans-boj-chie-kuroda-sounds-alarm-on-global-economy-ahead-of-g-20.html
Zuckerberg reportedly held talks with Winklevoss twins about Facebook’s cryptocurrency plans
Facebook’s founder Mark Zuckerberg has held talks with the Winklevoss twins, his old rivals, about the social media giant’s developing digital currency, the Financial Times reported Thursday.
— Read on www.cnbc.com/2019/05/24/zuckerberg-reportedly-held-talks-with-winklevoss-twins-about-facebooks-cryptocurrency-plans.html