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22.09.26 - 12:39
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Wholesale Gas Prices Are Reaching Consumers Faster, ECB Says (ZeroHedge)
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Wholesale Gas Prices Are Reaching Consumers Faster, ECB Says
By Michael Kern of OilPrice.com
The surge in wholesale natural gas prices is set to pass through the retail and electricity inflation in the Eurozone faster than in the past, the European Central Bank (ECB) said in its Economic Bulletin on Monday.
While the pass-through is faster and can manifest in the inflation numbers within one to three months for most Eurozone members, the pressure on electricity prices has been lower so far in 2026 compared to 2022, partly due to the higher shares of electricity generated from renewables, the ECB's economists wrote.
“The impact of wholesale gas prices on wholesale electricity prices – which is typically strong with gas prices being the marginal price-setter for electricity prices – was dampened by a shift towards electricity generated from renewables,” they noted.
Natural gas prices have doubled since the start of the conflict in the Middle East, while oil prices have increased more mo...
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22.09.26 - 11:42
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Zinserhöhungen von FED, EZB und BoJ - mit unterschiedlichen Trends (Anleihencheck)
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Zürich (www.anleihencheck.de) - Die drei großen Zentralbanken haben angesichts der anhaltenden Inflation ihre Geldpolitik gestrafft, so David Kohl, Chief Economist bei Julius Bär.
Doch die zugrunde liegenden Trends würden sich unterscheiden.
Im September hätten alle drei großen Zentralbanken - die Federal Reserve, die Europäische Zentralbank und die Bank of Japan - ihre Leitzinsen angehoben, getrieben von einem schwierigen Inflationsumfeld. [mehr]...
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21.09.26 - 12:24
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European Central Bank President Blocked Binance′s EU Entry: Report (ZeroHedge)
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European Central Bank President Blocked Binance's EU Entry: Report
Authored by Mathew Di Salvo via Bitcoin Magazine,
European Central Bank President Christine Lagarde stopped Binance from operating in the European Union, according to a Wall Street Journal report.
The newspaper on Thursday reported that the top crypto exchange was on the cusp of operating in the trading bloc but then was told it couldn't after the central bank chief waded in.
EU law requires that local Crypto-Asset Service Providers (CASP) have a MiCA license.
Binance does not.
Binance in June withdrew its MiCA application in Greece.
"Lagarde wanted to keep the controversial crypto exchange, which pleaded guilty to financial-crime violations in the U.S., out of the European Union," the newspaper report said, citing interviews with officials.
Lagarde has long been anti-Bitcoin and pro-central bank digital currencies. Back in 2021, Lagarde said that the leading cryptocurrency was "a highly speculative asset" used for money lau...
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18.09.26 - 14:12
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Eurozone Current Account Surplus Declines (AFX)
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BRUSSELS (dpa-AFX) - The euro area current account surplus declined in July largely due to the decline in primary income, the European Central Bank said Friday.The current account surplus fell to ......
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