Eurozone in trouble.

[Mottie]

Yep, you better believe it. The ECB has just lowered interest rates "in an attempt to kick-start a lacklustre eurozone economy and stave off recession".

Oh dear. Euro down, Pound up.

Do you think they are worried about something?


https://news.sky.com/story/european...rest-rates-for-first-time-since-2016-11807708

 

[JohnD]

Yep, you better believe it. The ECB has just lowered interest rates

Remind me, what's the Bank of England's Base Rate?

 

[fillyboy]

Germany is rapidly sliding into recession, if they impose tariffs I wonder how that will effect them. Barnes Wallis couldn't have done a better job.

 

[fillyboy]

Meanwhile, panic on the streets of Dublin, I note with some amusement that Varadkar is not his usual gobby self.

https://www.msn.com/en-gb/news/ukne...ctor-on-high-alert/ar-AAHaegJ?ocid=spartanntp

 

[JohnD]

Oh dear. Euro down, Pound up.

Funny that.
Let's just see how the Pound's been doing against the Euro since the day of the referendum.

hmmmm.

Pretty poor. eh?

Did you know it started going up recently... as soon as Buffoon got repeatedly defeated in Parliament, and lost his majority?

 

[fillyboy]

Nice little uptrend forming at the end of that chart, how disappointing for you and your cronies eh John?

 

[motorbiking]

More retrospective predictions. How wise the profits are when looking back and interpreting the data with their own special political lens.

Fact is, the eurozone is struggling partly because of Its exposure to manufacturing. German diesels are out of fashion for a start

 

[fillyboy]

Oh No !!!!!!!, Leo will be foaming at the mouth just like John D, Notch and Galahad.

https://www.thedrinksbusiness.com/2019/07/irish-company-cc-to-move-listing-to-london/

 

[Mottie]

Remind me, what's the Bank of England's Base Rate?

OK. It's .75%. Remind me, what’s the ECB base rate?

 

[Mottie]

Fact is, the eurozone is struggling partly because of Its exposure to manufacturing. German diesels are out of fashion for a start

Good job we let them do the manufacturing of those diesels then, isn’t it?

 

[JohnD]

Did you know it started going up recently... as soon as Buffoon got repeatedly defeated in Parliament, and lost his majority?

Nice little uptrend forming at the end of that chart, how disappointing for you and your cronies eh John?

I'm not at all disappointed to see buffoon powerless

 

[Notch7]

Yep, you better believe it. The ECB has just lowered interest rates "in an attempt to kick-start a lacklustre eurozone economy and stave off recession".

Oh dear. Euro down, Pound up.

Do you think they are worried about something?


https://news.sky.com/story/european...rest-rates-for-first-time-since-2016-11807708

The title of this thread is incorrect, the eurozone is not in trouble.

 

[Mottie]

The title of this thread is incorrect, the eurozone is not in trouble.

Apologies. Just thought this would be too much of a mouthful for a title:

"European Central Bank in an attempt to kick-start a lacklustre eurozone economy and stave off recession."

That better for you?

 

[Mottie]

Remind me, what's the Bank of England's Base Rate?

And again. OK. It's 0.75%. Remind me, what’s the ECB base rate?

 

[Vinty]

The underlying fundamentals of the British economy are sound.
Any fluctuations in the value of the pound against other currencies is more to do with scaremongering and the antics of politicians.