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Definition of 'ECB Announcement '
An announcement by the European Central Bank (ECB) Governing Council after their first meeting of the month which is devoted to monetary policy. The ECB Announcement comes about 45 minutes after the meeting in a press conference, and details their actions or lack of actions decided in the meeting.
Because the ECB does not publish the minutes of its meetings, the ECB Announcement is important to gather information regarding upcoming interest rate policy.
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Investopedia explains 'ECB Announcement '
European market participants speculate on the possibilities of an interest rate change at these meetings. The ECB has a target rate for inflation, measured by the Harmonized Index of Consumer Prices (HICP), of 2%. Interest rates are changed to help maintain an inflation rate close to their target. As with interest rate speculation in other markets, if the ECB Announcement provides information different from the speculation, severe market impact is usually seen.
A general rule to keep in mind when interpreting central bank data such as that released in this announcement, is that higher interest rates are bearish for equity markets, while lower rates are bullish.
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Search results for 'ECB Announcement '
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http://www.investopedia.com/articles/forex/06/ScalpFundamentally.asp
... his or her entries, stops and exits, while using the fundamental data to trigger
the trade, reasoning that disappointment from the ECB announcement would cause ...
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http://www.investopedia.com/articles/fx/11/5-reports-fx-traders-use.asp
... 3. Monetary Policy Report to Focus On: ECB Rate Announcement & Press Conference
Every currency is affected by the monetary policies of its respective central ...
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http://stocks.investopedia.com/stock-analysis/2011/Here-We-Go-Again--Markets-Continue-To-Move-On-Governments-TLT-SHY-GLD-DB-UBS-MS-GS0926.aspx
... This follows in the wake of an announcement that numerous central banks (including
the Fed, the Swiss National Bank, the ECB and the Bank of Japan) will ...
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http://financialedge.investopedia.com/financial-edge/0310/One-World-One-Currency-Could-It-Work.aspx
... Although many were surprised by this unusual announcement, the idea of a world ... euro
is regulated by a supranational entity, the European Central Bank (ECB). ...
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http://stocks.investopedia.com/stock-analysis/2011/More-Pain-Ahead-For-European-Banks-RY-PNC-SCGLY-CRZBY-DB0819.aspx
... An announcement on August 10 by Commerzbank (OTCBB:CRZBY), Germany's second-largest ...
and when deeply indebted Eurozone nations default, the ECB's lower capital ...
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http://stocks.investopedia.com/stock-analysis/moneyshow/TheWeekAheadIstheWorstoftheSellingOver.aspx
... Their apparent agreement to work with the ECB on a solution for Greece ... followed on
Wednesday by the Federal Open Market Committee's announcement and Bernanke ...
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