US Debt Ceiling Stalemate Remains Firmly in Place
Markets US treasuries extended their underperformance against German Bunds yesterday as some data beats strengthen […]
Canadian Dollar Rises on Unexpected Inflation Uptick; Australian Dollar Continues to Struggle
Canadian Dollar is enjoying a broad rally in early US trading session, fueled by data […]
Eurozone imports fell -10% yoy in Mar, exports rose 7.5% yoy
Eurozone goods exports to the rest of the world rose 7.5% yoy to EUR 269.2B […]
Germany ZEW dived to -10.7, economy could slip into recession
Germany ZEW Economic Sentiment recorded in significantly decline from 4.1 to -10.7 in May, even […]
Eurozone Industrial Production Falls to the Lowest Since October 2021
Eurostat today reported that eurozone industrial production fell by 4.1% in March, the most significant […]
EU Spring Forecast: Upgraded GDP growth and inflation
In its Spring 2023 Economic Forecast, European Commission presented a cautiously optimistic outlook for the […]
Eurozone industrial production down -4.1% mom in Mar
Eurozone industrial production contracted -4.1% mom in March, much worse than expectation of -1.2% mom. […]
Euro Having Harder Time Against Both Dollar and Sterling
Markets May University of Michigan consumer confidence unexpectedly set the tone for the final WS […]
Easing Global Inflation
Market movers today We kick off the week with March euro area industrial production. The […]
Week Ahead – Turkey Heads to Polls, US Retail Sales Eyed, China Ponders Rate Cut
US Wall Street will remain focused on debt ceiling drama, a plethora of Fed speak, […]
Weekly Focus – Inflation Battle Not Done as BoE Follows Suit
In the absence of any bad news from the US banking sector, markets started the […]
Eurozone CPI finalized at 7% yoy in Apr, CPI core at 5.6% yoy
Eurozone CPI was finalized at 7.0% yoy in April, up from March’s 6.9% yoy. The […]