Eurozone PMI composite rises to 51.2, easing cost pressures strengthens case for ECB Sep cut
Eurozone PMI Manufacturing fell slightly from 45.8 to 45.6 in August, an 8-month low and […]
A Questionable Reaction to the Big BLS Revision
The minutes from the latest FOMC meeting showed yesterday that ‘several’ Federal Reserve (Fed) officials […]
ECB’s Panetta: End of monetary restriction has already begun
ECB Governing Council member Fabio Panetta indicated today that the central has entered entering a […]
Euro Drifting as Investors Eye Fed Minutes
The euro is calm on Wednesday after an impressive 3-day rally which saw EUR/USD jump […]
US Dollar Extends Losses, Gold Shines
There was no major news on the wire to trigger the minor selloff in global […]
Riksbank Cuts Interest Rates by 25bp and Signals 2-3 More Rate Cuts in 2024
In focus today In the US, minutes of the Fed’s July meeting will be published […]
Eurozone CPI finalized at 2.6% in Jul, core CPI at 2.9%
Eurozone CPI was finalized at 2.6% yoy in July, up from June’s 2.5% yoy. CPI […]
A Softer Dollar Remains the Way to Go
Market Commentary Markets Last week’s directional moves on key markets were extended yesterday in absence […]
The Sweet Soft-Landing Spot
The week kicked off on a positive note on expectation that when Federal Reserve (Fed) […]
Rate Cut from Riksbank Should be a Done Deal
In focus today In Sweden, the Riksbank’s rate decision, a policy statement and a shorter […]
ECB’s Rehn flags September rate cut amid growing growth risks
ECB Governing Council member Olli Rehn highlighted growing concerns about Eurozone’s economic outlook, stating that […]
ECB minutes highlight September as ideal time for policy re-evaluation
ECB’s July meeting accounts revealed that the upcoming September meeting is “widely seen as a […]