Euro Continues to Drift
The ECB has been in calm waters all week and the trend has continued on […]
Markets Steady Ahead of GDP, Earnings and CB Meetings
So far in the day, we have seen a bit of consolidation against the recent […]
ECB Preview – Set for Another 50bp Rate Hike
For next week’s ECB meeting, another 50bp rate hike has been well telegraphed and fully […]
Goldilocks Scenario Might Sustain ST Resilience of Equities, Soft Yields and Weaker Dollar
Markets Eco data were few yesterday and the outcome only gave limited directional guidance for […]
Earnings Dampening the Mood
Equity markets are back in the red on Wednesday, as investors appear to prepare themselves […]
Voting Rotation, Hawkishness and the Next ECB Meeting in Sight
The ECB prepares to hold its first rate-setting meeting for 2023 on February 2. The […]
EUR/USD Kept Gradual, But Protracted Uptrend
Markets Yesterday, the (EMU) PMI’s were the main eco story for trading. Both manufacturing (48.8 […]
ECB Simkus backs hikes of 50bps in the coming meetings
ECB Governing Council member Gediminas Simkus said yesterday, “core inflation remains strong and demonstrates that […]
ECB Panetta: Beyond February any unconditional guidance would depart from data-driven approach
ECB Executive Board member Fabio Panetta said in an interview, “It was reasonable to increase […]
Choppy Trading
Equity markets are largely moving lower on Tuesday, reversing part of Monday’s gains in what […]
Eurozone PMI composite rose to 50.2, escaping recession but renewed contraction shouldn’t be ruled out
Eurozone PMI Manufacturing rose from 47.8 to 48.8 in January, above expectation of 48.1. PMI […]
ECB Makhlouf: Need to take similar steps to Dec in Feb and Mar
ECB Governing Council member Gabriel Makhlouf said, “We need to continue to increase rates at […]