AI-Bubble in the Making?
Nvidia’s impressive Q1 results and the $11bn revenue forecast for the second quarter blew investors’ […]
Dollar Power Continues, Gold Resumes Near Term Fall
Dollar continues to be the strongest one for the week and sees fresh buying in […]
Euro Dips Lower on Weak German Data
Germany’s GDP contracts in Q1 German consumer confidence remains deeply pessimistic FOMC minutes shows uncertainty […]
Oil Ignored Sour Risk Sentiment
Market movers today Today in the US, we have revised Q1 GDP data. It will […]
Euro Steady Despite Weak Business Confidence Data
Germany’s Ifo Business Climate falls German GDP expected to stall in Q4 EUR/USD is drifting […]
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 […]
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 […]
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 […]
ECB de Guindos: Will continue tightening path to overcome high inflation
ECB Vice President Luis de Guindos told lawmakers in Brussels today, “Our future decisions will […]