{"id":437309,"date":"2026-09-01T20:05:39","date_gmt":"2026-09-01T13:05:39","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/ecbs-nagel-despite-the-middle-east-the-global-economy-remains-in-a-growth-trajectory-437309\/"},"modified":"2026-09-01T20:05:39","modified_gmt":"2026-09-01T13:05:39","slug":"ecbs-nagel-despite-the-middle-east-the-global-economy-remains-in-a-growth-trajectory","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/ecbs-nagel-despite-the-middle-east-the-global-economy-remains-in-a-growth-trajectory-437309\/","title":{"rendered":"ECBs Nagel: Despite the middle east, the global economy remains in a growth trajectory"},"content":{"rendered":"<div>\n<p>ECB&#8217;s Nagel is speaning and says:<\/p>\n<ul>\n<li>Despite tensions in the middle east,\u00a0the global economy remains on a growth trajectory. <\/li>\n<li>Easing in core and services is good news and not seeing second-round effects<\/li>\n<li>He welcomes\u00a0coordinated intervention on the JPY<\/li>\n<li>He expects consultations on future intervention measures<\/li>\n<\/ul>\n<p>The USDJPY\u00a0remains above its 100 day moving average at 160.01.<\/p>\n<p>For the EURJPY, it has been\u00a0trading above and below its 100 and 200 hour moving averages near 185.57 and 185.63. The converged moving averages are begging for the next a shove. On the downside, the 100 day moving average comes in at 185.099. Below that and the 100 and 200 hour moving averages on the 4 hour chart are near 184.85 in 184.76 followed by the 200 day moving average of 184.266. On a move higher, there is resistance between 185.93 and 185.03 (see red numbered circles)<\/p>\n<\/p>\n<p>Meanwhile ECB Simkus is also speaking and says:<\/p>\n<ul>\n<li>September hike is not going to be enough.\u00a0\u00a0<\/li>\n<\/ul>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ECB&#8217;s Nagel is speaning and says: Despite tensions in the middle east,\u00a0the global economy remains on a growth trajectory. Easing in core and services is good news and not seeing second-round effects&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-437309","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=437309"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437309\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=437309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=437309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=437309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}