Forex Friday: USD, EUR, GBP, CNH
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly […]
Eurozone PPI up 1.6% mom, 41.9% yoy in Sep
Eurozone PPI rose 1.6% mom, 41.9% yoy in September, below expectation of 1.7% mom, 42.0% […]
Eurozone PMI Composite finalized at 47.3, headed for a winter recession
Eurozone PMI Services was finalized at 48.5 in October, down from September’s 48.8, a 20-month […]
ECB Lagarde: we cannot progress at same pace as Fed
ECB President Christine Lagarde said the central bank cannot just mirror Fed’s policy moves. “We […]
ECB Panetta: Policy calibration must avoid tripping over unintended effects
ECB Executive Board member Fabio Panetta said in a speech, “at present, the direction of […]
ECB Kazaks: There’s no need to pause at the turn of the year
ECB Governing Council member Martins Kazaks said, “it’s clear that interest rates will need to […]
Markets Tread Water ahead of Fed Hike and Guidance
The financial markets are all very steady today, awaiting FOMC rate decision. A 75bps hike […]
Eurozone PMI manufacturing finalized at 46.4, moved into a deeper decline
Eurozone PMI Manufacturing was finalized at 46.4 in October, down from September’s 48.4. Manufacturing Output […]
A Fourth 75 bps Rate Hike is a Done Deal
Markets Asia’s equity scorching rally (HK more than +5%) following unconfirmed social media reports that […]
Dollar Dragged Down by Falling Yields, Kiwi Extends Rally
Dollar is back under some selling pressure today as 10-year yield dips back below 4% […]
ECB Lagarde: Withdrawing accommodation may not be enough to bring inflation back to target
ECB President Christine Lagarde said in a speech that after increasing interest rates by 200bps, […]