ECB to extend QE beyond September 2016 – S&P

FXStreet (Mumbai) - The latest S&P headlines crossing the wires now via MNI, cited that the international ratings agency expects ECB to extend QE beyond September 2016.

S&P also noted that EMU recovery to extend into next couple of years.

Sep 30, 2015

GBP/USD extends the UK GDP-rally towards 1.5200

The bid tone around the GBP/USD pair remains intact in the mid-European trades, as the cable continues to benefit from the improving risk-on moods and also from solid economic growth confirmed in the UK.

Eurozone: Deflation back again, one more time – ING

Teunis Brosens, Research Analyst at ING, notes that after five months of readings slightly above zero, Eurozone headline inflation dipped into negative territory again in September as today’s Eurostat flash estimate shows Eurozone inflation at -0.1%YoY, down from +0.1% in August.