Recent Rise in Yields Created Some Breathing Space
Markets The week started with a quiet but constructive trading session. No news apparently was […]
More Job Cuts, PMI Data and Microsoft Earnings
The week started with more news of layoffs, and further gains in the S&P500. Spotify […]
Focus Turns to the PMIs
Market movers today The market highlight today will be the January PMI figures for the […]
Dollar Softens Mildly in Subdued Trading, Focus Turns to PMIs
Dollar softens mildly again in rather subdued trading in Asia. Many markets are still on […]
Global Flash PMIs, and the Return of Investor Optimism?
At the conclusion of the latest WEF meeting in Davos, many of the leaders there […]
Euro Hits 9-month High But Pares Gains
The euro has started the week with gains. EUR/USD briefly punched above the 1.09 line […]
EUR/CHF: Euro Extends Recovery on Hawkish ECB
The euro has been on the rise first thing this morning in an otherwise quiet […]
ECB Stournaras: Adjustment of interest rates needs to be more gradual
ECB Governing Council member Yannis Stournaras said “in my opinion, the adjustment of interest rates […]
ECB Kazimir: We need to deliver two more hikes by 50bps
ECB Governing Council member Peter Kazimir said, “An inflation drop in two consecutive months is […]
Euro Rally’s Last Ditch
The EURUSD reached 1.09 early Monday, its highest level since April last year. A strong […]
ECB Lagarde: Rates still have to rise significantly at a steady pace
ECB President Christine Lagarde said in a speech that the “high inflation environment” is a […]