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 […]
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 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 […]
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 […]
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 […]