We discuss European Monetary Policy in this video, and how Mario Draghi is well behind the inflation curve in Europe. Core Inflation in Europe and Germany has never been a reliable inflation reading metric in Europe.
Major banks are cracking down on market - and especially currency - analysts talking publicly about politics for fear of appearing to take sides, with HSBC taking its main global currencies commentator off air in an intensification of the crackdown.
The leaders of the lower chambers of parliament of Germany, Italy, France, and Luxembourg have called for a European “Federal Union” in an open letter published in Italian newspaper La Stampa on Sunday.
Sterling has plunged as much as 0.5% in early trading, sliding back under 1.24, after the Times of London reported that U.K. PM Theresa May’s team is preparing for Scotland to potentially call independence referendum in March.