Cautious Sentiment Limits Market Moves Despite Risk Aversion
Risk aversion continues to dominate the global financial markets today, although the weakness in US […]
Eurozone PMI services finalized at 52.9, cost pressures ease
Eurozone’s services sector showed improved growth in August, with PMI Services index rising to 52.9 […]
Commodity Currencies Trade in the Defensive
Markets European stocks opened in red, ended in green. German yields added some 3-4 bps, […]
Growth Expected to Pick Up Modestly Towards 2025 in Europe Including the Nordics
In focus today This morning, we published our Nordic Outlook with updated economic forecasts. We […]
Eurozone PMI manufacturing finalized at 45.8, decline persists with rising prices adding pressure on ECB
Eurozone’s manufacturing sector remains entrenched in contraction, with PMI Manufacturing index finalized at 45.8 in […]
Oil Prices Abruptly Tumbled Below $80 per Barrel (Brent)
Markets European inflation figures and US PCE, spending & income data basically played second fiddle […]
And September Arrives
August ended on a positive note. Friday’s data showed that the US PCE and the […]
Brace for Impact, it is NFP-Week
In focus today Today will be quiet on the macro front, with US markets closed […]
Rate Cut Hopes Eclipse Recession Concerns, Dollar Tracks Rising Yields
In the final week of August, financial markets delivered unexpected developments that caught many by […]
Markets Weekly Outlook – NFP Jobs Data to Rule Out 50 bps Fed Rate Cut?
US PCE data keeps Fed rate cut hopes alive as inflation moves towards 2% target. […]
Weekly Economic & Financial Commentary: The Search for Clues Continues
Summary United States: The Search for Clues Continues Fed watchers are still on the lookout […]
Eurozone PPI rises 0.8% in Jul, driven by energy costs
In July, Eurozone PPI rose 0.8% mom, surpassing expectations of 0.3% mom increase. On a […]