Sterling Loses Ground Following BoE Bailey’s Interview by Guardian
Markets Core bonds reversed the safe-haven triggered gains of Tuesday. US yields rose by 3.7 […]
US ISM and Swiss Inflation on Today’s Menu
In focus today In the afternoon, US ISM Services index is due for release. While […]
ECB’s hawk Schnabel turns attention from inflation to rising growth risks
ECB Executive Board member Isabel Schnabel, widely known for her hawkish stance, has shifted her […]
EUR/USD Update – Euro Vulnerable on Rate Cut Bets and Safe Haven Flows
The Euro’s appeal has diminished due to expectations of ECB rate cuts, fueled by softer […]
ECB’s de Guindos cites weaker growth outlook, expects recovery to strengthen over time
In a speech today, ECB Vice President Luis de Guindos acknowledged that Eurozone growth was […]
Eurozone unemployment rate unchanged at 6.4%, EU down to 5.9%
Eurozone’s unemployment rate was unchanged at 6.4% in August, aligning with market expectations. Meanwhile, EU […]
We Continue to Err on the Side of Another 50 bps Fed Rate Cut
Markets German Bunds outperformed US Treasuries yesterday. German yields closed 4.8 bps (2-yr) to 9.8 […]
Risk Off Reins
First, the US east and gulf ports went on a strike on Tuesday, as expected. […]
Tensions Escalating in Middle East
In focus today In the US, ADP private sector employment growth will provide some early […]
ECB’s Kazaks: Recent data clearly points towards Oct rate cut
ECB Governing Council member Martins Kazaks indicated that recent data “clearly point in the direction […]
Euro Extends Losses as Eurozone CPI Slows to 1.8%
The euro continues to lose ground and is trading at 1.1080 in the North American […]
Eurozone PMI composite finalized at 49.6, all big three economies in contraction
Eurozone PMI Services was finalized at 51.4 in September, down from August’s 52.9. PMI Composite […]