Money Minute Thursday 24 October: eurozone interest rates and Amazon's earnings
In today's Money Minute, we look to the European Central Bank’s latest announcement on interest rates, plus third quarter figures from Amazon.
Today in the eurozone, we have the European Central Bank's latest announcement on interest rates.
It's the final meeting chaired by Mario Draghi, before he hands over to Christine Lagarde, so markets aren't expecting any big announcements.
Draghi may go down in history as the man who saved the euro.
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But with the eurozone plagued by weak growth and negative interest rates, he leaves behind a controversial legacy.
With various members of the ECB board complaining about the return of quantitative easing in particular, Lagarde may have a battle on her hands as she takes the helm.
Over in the US we have the usual weekly jobless claims, plus the latest on durable goods orders for September.
We also get third quarter figures from the arch disruptor, Amazon.
Investors will be looking for signs that the online shopping giant is continuing to benefit from the travails of high street retailers. They'll also pay close attention to its cloud computing business.
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