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A Cut In Interest Rate for Euro zone?

Next week is going to be a calm one until Thursday when the European Central Bank Press Conference will definitely release important changes about the interest rate of the Euro zone. Considering the weak German growth, the increase of the unemployment rate in Spain and the general condition of the Europe, investors expect the interest rate to be cut. The result would be lowering the value of the euro.

On Friday there will be release the NFP’s value, an important indicator which is expected to recover the decline from last month. The economy of the United States showed an increase of 2.5% mainly caused by the drop of the defense expenditure which influenced the contribution of the public sector. Lately, the signals offered by the American economy led to the idea that FED should buy more assets considering also the inflation which doesn’t seem to be affected so far.

A Cut In Interest Rate for Euro zone? by