Short-term Negatives from PMIs Do Not Cause ECB to Change Course
Preliminary readings of the PMIs for business activity in the euro area generally revealed a […]
ECB’s De Cos: Monetary tightening process well advanced but still have some way to go
During an event in Barcelona yesterday, ECB Governing Council Pablo Hernandez de Cos, said, “The […]
ECB’s Villeroy de Galhau: Terminal rate expected by summer, focus on monitoring past hikes’ effects
ECB Governing Council member Francois Villeroy de Galhau reiterated that the central bank’s policy rate […]
A Strong Set of Business Survey Numbers Appears to Suit ECB’s Intentions
With the euro experiencing a rather difficult month and confirming the various seasonality studies, this […]
EUR/USD Trying to Extend Bottoming Out
Markets US Treasuries and German Bunds parted ways on Friday after a joint 10 bps […]
Debt Ceiling Talks Off and On, But Carry On
The European stocks were up and the S&P500 hit a fresh high since summer, until […]
ECB’s Lagarde:We are not done yet, we are not pausing
In am interview on the Buitenhof TV show, ECB President Christine Lagarde discussed the bank’s […]
Weekly Economic & Financial Commentary: Fractures on FOMC Emerge
Summary United States: Recession Is Taking Its Time Economic data continue to suggest the U.S. […]
Week Ahead – Debt Ceiling Drama, Turkish Rate Decision Pre-Presidential Run-off
US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, […]
Week Ahead – RBNZ, Fed Minutes, UK & US Inflation, Flash PMIs to Headline Packed Week
The RBNZ looks set to raise rates for a 12th time in the coming week, […]
Eurozone PMI manufacturing fell to 36-mth low, services dipped
Eurozone PMI Manufacturing fell from 45.8 to 44.6 in May, a 36-month low. PMI Services […]