Pegasus Capital

Blog With Tag mario draghi

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A View from the Bridge - August 2014

The EU leadership have to act quickly on 2 key issues in the coming month as Kiev warns it is on the brink of full-scale war with Moscow. Having banned imports of US and EU goods in an escalation of the “sanctions war”, Russia has been given a week by the EU to reverse course on Ukraine or face a new round of sanctions. The ECB President Mario Draghi has already warned that the Eurozone is at economic risk as Russia ramps up the trade war and with German investor confidence diving and European stock markets taking fright, the Euro has slid to an 11 month low and the key Eonia benchmark interbank rate has dropped to its lowest in the history of the Eurozone.

PegasusCapital - Mon 1st Sep

A View from the Bridge - Aug 2018

The Bank of England has raised interest rates above 0.5% for the first time since March 2009, although this is still the first-time rates have been set at 0.75%, base rates were cut from 1% to 0.5% as part of the ongoing emergency response to the financial crisis. The 0.25% increase follows the removal in November of the emergency cut to 0.25% delivered in the aftermath of the Brexit vote.

PegasusCapital - Mon 6th Aug