Dollar Shows First Signs of a Bottoming
Markets Focus turned to the Bank of England (+50 bps to 5%), the Norges Bank […]
Bank of England Revs Up Rate Hikes
In the wake of disappointing inflation news in recent months, the Bank of England (BoE) […]
Bundesbank Nagel: It’s a first order error to give up inflation fight too early
Bundesbank President Joachim Nagel described inflation as a “greedy beast” that’s “stubborn. And it’s a […]
ECB Schnabel warns of wage-price spiral
ECB Executive Board Isabel Schnabel told a panel in Berlin that “domestic prices pressures are […]
Focus is on Fed Powell’s Testimony
Markets The natural upside drift in yields since last week’s-FED/ECB-meetings ran into resistance yesterday. Disappointment on a smaller than […]
ECB Rehn: Inflation excluding energy and food is falling only gradually
ECB Governing Council member Olli Rehn has underscored the significance of core inflation in guiding […]
Improving US-China Relations
Market movers today It should be another quiet day with mainly US housing data and […]
ECB Lane: September is so far away, let’s see
ECB Chief Economist Philip Lane emphasized the central bank’s data-driven approach in managing inflation. Speaking […]
ECB Schnabel: We need to err on the side of doing too much
ECB Executive Board member Isabel Schnabel stressed the necessity of maintaining a proactive approach to […]
Euro Drifting Lower on US Holiday-Thinned Trading
ECB’s Nagel says tightening could continue after July US inflation expectations fall to lowest level […]
ECB Kazimir: We need to deliver another rate hike in July
ECB Governing Council member Peter Kazimir stressed today the necessity for continued monetary policy tightening […]
Eurozone PMI manufacturing down to 43.6, services down to 52.4
Eurozone PMI Manufacturing fell from 44.8 to 43.6 in June, a 37-month low. PMI Services […]