Has Euro/Dollar Entered Bearish Trend or Is It in Correction?
With economic numbers out of the Eurozone heightening recession concerns, and US data keep pointing […]
Eurozone retail sales down -0.2% mom in Jul, EU fell -0.3% mom
Eurozone retail sales volume fell -0.2% mom in July, matched expectations. Volume of retail trade […]
ECB Knot: A further hike still a possibility, but not a certainty
ECB Governing Council member Klaas Knot made it clear that reaching 2% inflation target by […]
ECB Villeroy: Keeping rates sufficiently long counts more than hikes
ECB Governing Council member Francois Villeroy de Galhau refrained from detailing specific plans for the […]
Rising Oil Prices Give Off a Foul Smell
Released yesterday, the European services PMI data came in softer than expected in all major […]
European and Chinese Economies Drag Markets Down
Economic data from China and the eurozone sent markets back into sell-off mode. China’s services […]
Eurozone PPI down -0.5% mom, -7.6% yoy in Jul
Eurozone PPI fell -0.5% mom -7.6% yoy in July, versus expectation of -0.6% mom, -7.6% […]
ECB consumer survey sees rising 3-yr inflation expectations, more pessimistic growth outlook
ECB has just released its Consumer Expectations Survey for July 2023, offering an inside look […]
Market Caution Returns On China Woes
Asian markets were painted red on Tuesday with Chinese stocks leading losses as disappointing PMI […]
ECB Lane emphasizes need for timely return to 2% inflation
In an interview with The Currency, ECB Chief Economist Philip Lane offered some guarded optimism […]
Eurozone PMI services finalized at 47.9, Q3 GDP to contract -0.1%
Eurozone is grappling with weakening economic indicators, as PMI Services for August (final) slipped to […]
ECB Kazimir prefers to hike next week, and take a breather thereafter
ECB Governing Council member Peter Kazimir offered two distinct pathways for the central bank’s next […]