Moody’s Downgrade on China Weighs on Commodity Currencies, AUD Leads Decline
Commodity currencies, particularly Australian Dollar, are experiencing notable selling pressure today. However, it should be […]
Eurozone PMI composite finalized at 47.5, on the brink of recession
Eurozone’s PMI Services for November showed a slight improvement, finalizing at 48.7, up from 47.8 […]
ECB’s de Guindos warns against early celebration of inflation slowdown
ECB Vice-President Luis de Guindos acknowledged the recent slowdown in CPI, which eased to 2.4% […]
Eurozone Sentix rose to -16.8, cautious optimism amid inflation outlook
Eurozone Sentix Investor Confidence Index’s latest update offers a mixed but cautiously optimistic view of […]
Gold Advanced to 2072.22
Markets The November yield correction found an easy way in at the start of the […]
Mixed Feelings
The Federal Reserve (Fed) President Jerome Powell pushed back against the rate cut bets at […]
Market Upturn as Inflation Cools; Stocks Climb, Euro and Dollar Falter
Financial markets were dominated by themes of cooling inflation, a slowing economy, and increasing expectations […]
Weekly Economic & Financial Commentary: Inflation Takes Another Leg Lower
Summary United States: Inflation Takes Another Leg Lower The U.S. data this week signaled that […]
Eurozone PMI manufacturing finalized at 44.2, continuing contraction, but slower
Eurozone’s PMI Manufacturing was finalized at 44.2 in November, up from October’s 43.1, reaching a […]
US Manufacturing ISM Taking Center Stage
Markets Poor French growth and inflation data published at the start of European dealings caused […]
Eurozone PPI at 0.2% mom, -9.4% yoy in Nov, matches expectations
Eurozone PPI came in at 0.2% mom, -9.4% yoy in November, matched expectations. For the […]