Euro falls on ECB stimulus extension
The euro made the biggest headlines this week, rising on the news that the European Central Bank (ECB) would reduce the amount of money involved in quantitative easing, but then fell when it was announced the programme would be extended.
ECB Quantitative easing programme to be extended until end of 2017
The European Central Bank has announced yesterday its commitment to extend its quantitative easing programme to the end of 2017 and longer if needed.
Manufacturing data impacted Sterling's upwards move
The UK suffered a slump in figures for October’s manufacturing sector, which surprised the markets as investors were expecting a continual rise.
Market focus shifts to ECB
Volatility following the Italian referendum has already calmed, although political uncertainty within Italy and Europe will continue to be a theme.
Spanish property prices show annual rise of 1.6%
Figures from the Spanish Ministry of Development have shown that property prices have experienced a year-on-year rise of 1.6% in the third quarter of 2016.
Euro tested after Italian referendum
The euro bounced strongly on Monday, after its initial knee-jerk reaction to Italy’s referendum and yesterday’s price action appears to have put in a near-term base.
Italian prime minister resigns after referendum defeat
Following his defeat in the Italian constitutional referendum, prime minister Matteo Renzi has resigned. How will this affect the country and the EU?