EUR/USD Update – Euro Vulnerable on Rate Cut Bets and Safe Haven Flows
The Euro’s appeal has diminished due to expectations of ECB rate cuts, fueled by softer […]
ECB’s de Guindos cites weaker growth outlook, expects recovery to strengthen over time
In a speech today, ECB Vice President Luis de Guindos acknowledged that Eurozone growth was […]
We Continue to Err on the Side of Another 50 bps Fed Rate Cut
Markets German Bunds outperformed US Treasuries yesterday. German yields closed 4.8 bps (2-yr) to 9.8 […]
Risk Off Reins
First, the US east and gulf ports went on a strike on Tuesday, as expected. […]
Tensions Escalating in Middle East
In focus today In the US, ADP private sector employment growth will provide some early […]
ECB’s Kazaks: Recent data clearly points towards Oct rate cut
ECB Governing Council member Martins Kazaks indicated that recent data “clearly point in the direction […]
Euro Extends Losses as Eurozone CPI Slows to 1.8%
The euro continues to lose ground and is trading at 1.1080 in the North American […]
European Central Banks Quickening Pace Of Their Monetary Easing
Summary The European Central Bank (ECB) initially adopted a cautious and gradual approach to rate […]
ECB’s Rehn sees growing case for Oct rate cut
ECB Governing Council member Olli Rehn suggested today that slowing inflation and weaker growth prospects […]
Euro Area Inflation and US Labour Market Data in Focus
In focus today Today, focus is on euro area HICP inflation from September. We expect […]
ECB’s hawk Schnabel turns attention from inflation to rising growth risks
ECB Executive Board member Isabel Schnabel, widely known for her hawkish stance, has shifted her […]