The Traderszone Network

19 November, 2021 by The TZ Newswire Staff Comments Off on Eurozone September current account balance €18.7 billion vs €13.4 billion prior

Eurozone September current account balance €18.7 billion vs €13.4 billion prior

Latest data released by the ECB – 19 November 2021
The current account surplus grew slightly compared to August with surpluses recorded for goods (€16 billion), services (€10 billion) and primary income (€7 billion). These were partly offset by a deficit for secondary income (€15 billion).

19 November, 2021 by The TZ Newswire Staff Comments Off on American Software (AMSWA) Q2 2022 Earnings Call Transcript

American Software (AMSWA) Q2 2022 Earnings Call Transcript

Image source: The Motley Fool.

American Software (NASDAQ: AMSWA)
Q2 2022 Earnings Call
Nov 18, 2021, 5:00 p.m. ET

Operator

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19 November, 2021 by The TZ Newswire Staff Comments Off on Japan Cabinet approves the ¥55.7 trillion fiscal stimulus package

Japan Cabinet approves the ¥55.7 trillion fiscal stimulus package

A record-breaking stimulus injection for Japan
It is expected that the stimulus package will boost Japan GDP by around 5.6% with most of that effect taking place in Q1 2022 and the early part of the next fiscal year.

19 November, 2021 by The TZ Newswire Staff Comments Off on ECB’s Lagarde: It does not make sense to tighten policy when inflation pressures are expected to fade

ECB’s Lagarde: It does not make sense to tighten policy when inflation pressures are expected to fade

Further remarks by Lagarde
– The conditions to raise rates are very unlikely to be satisfied next year
– Energy prices are set globally, supply issues cannot be remedied by monetary policy
She’s conceding that monetary policy has its limitations and will do almost nothing to address the root of the inflation problems, and .