Eurozone goods exports falls -9.3% yoy in Sep, imports down -23.9% yoy
Eurozone exports of goods fell -9.3% yoy to EUR 235.8B in September. Imports fell -23.9% […]
Eurozone industrial production down -1.1% in Sep, EU down -0.9% mom
Eurozone industrial production fell -1.1% mom in September, worse than expectation of -0.9% mom. Production […]
Market Jubilation as US CPI Signals Continuing Disinflation, Dollar Plunges
Investor sentiment is riding high in the wake of the latest US CPI report, with […]
Sterling and Aussie Bounce Back from Recent Lows, Euro Sees Downside Risk
There’s a noticeable lack of a unifying theme in the forex markets today, largely attributed […]
Germany’s ZEW economic sentiment surges to 9.8, suggesting bottoming out
Germany’s ZEW Economic Sentiment soared to 9.8 in November, far surpassing the anticipated 4.9, signaling […]
ECB’s de Guindos foresees temporary inflation rebound, December forecasts crucial for policy assessment
In a speech today, ECB Vice President Luis de Guindos said the central bank expects […]
Moody’s Downgrades US Outlook from Stable to Negative
Markets Core bond yields rallied in the run-up to the weekend. In doing so they […]
ECB’s Lagarde cautions against complacency as swift disinflation phase may wane
ECB President Christine Lagarde, speaking at a Financial Times event, warned that the recent phase […]
Fed Chair Stressed Progress Toward 2.0% Inflation Goal Not Assured
Markets After further bond gains post the softer than expected US data last week, sentiment […]
US Yields Spike, Equities Fall, Oil Rebounds
Bad. Yesterday’s 30-year treasury auction in the US was bad. And this time, the bad […]
Dollar’s Recovery Meets Quiet Markets, GBP/AUD in Focus
As US session unfolds, the Dollar is showing signs of rally, buoyed by recovery in […]
European Commission trims Eurozone growth forecasts for 2023 and 2024
In European Commission’s Autumn Economic Forecasts, 2023 GDP growth forecast has been lowered to 0.6%, […]