ECB Does The Expected

You didn’t need a chart that told the future to guess what would happen when the European Central Bank made the interest rate decision today. As expected the ECB left all interest rates unchanged including the main refinancing operations at 0,00%, the marginal lending facility at 0.25% and the deposit facility at -0.50%.   But […]

Markets Today

First the the Aussie had an interesting trading after the positive Retail Sales figures. Retail Sales saw a rise in all states and territories except Victoria by 3.3%. As the retail sales figures are an indication of the pace of the Australian economy, it shows the performance of the retail sector over a short and […]