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Abstract:On October 27th rate hike takes the ECB’s main benchmark from 0.75% to 1.5%, a level not seen since 2009 before the sovereign debt crisis. It comes after the central bank rose rates by 50 basis points in July and 75 basis points in September.
WikiFX is going to hold a two-day “Wiki Finance EXPO Asia 2022” at Asia World-Expo on December 16-17, 2022, from 9am to 6 pm. As the world's largest financial expo for enterprises and end users, WikiExpo is going to be held in Asia for the 7th time. The expo is attracting a number of participants - there are over 1,500 exhibitors, and hundreds of world-renowned analysts and KOLs give investors a live talk on the impact of the ECB rate hike and the future of European assets.
Thursday‘s rate hike takes the ECB’s main benchmark from 0.75% to 1.5%, a level not seen since 2009 before the sovereign debt crisis. It comes after the central bank rose rates by 50 basis points in July and 75 basis points in September.
It's third consecutive increase this year, interest rates are now at a 13-year high. However, the euro weakened against the U.S. dollar in the wake of inflation caused by the energy crisis, and the euro has fallen back to where it was 20 years ago. Are there more rate hikes ahead? What forex investment opportunities will emerge from the continent's historic tightening cycle? How to seize the opportunity to invest in the euro and European assets in the future?Wiki Finance EXPO Asia 2022 is here for your interpretation.
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