Time to Say Goodbye
We are forcefully entering a period of ‘bad news is good news’ as the Federal […]
Eurozone PMI services finalized at 52.8, composite at 50.9
In June, Eurozone PMI Services index was finalized at 52.8, slightly down from May’s 53.2. […]
Eurozone: Inflation Deceleration Stalled
According to the Eurostat Flash estimate, the euro area CPI stood at 2.5% y/y, hovering […]
Fed’s Powell: We’re getting back on disinflation path
At the ECB forum, Fed Chair Jerome Powell highlighted the “quite a big of progress” […]
EUR/USD: Euro Bulls Should Not be Complacent after French Election
Sovereign credit risk remains elevated in France despite yesterday’s rallies seen in the EUR/USD, CAC […]
Eurozone CPI slowed to 2.5% in Jun, but core unchanged at 2.9%
Eurozone CPI slowed from 2.6% yoy to 2.5% yoy in June, matched expectations. CPI core […]
ECB’s Lane highlights need for more data on services inflation
ECB Chief Economist Philip Lane emphasized today that June inflation data alone will not suffice […]
Economic Calendar Today Features June European Inflation Reading
Markets The relief rally in the wake of the first round in the French elections […]
ECB’s Lagarde: No rush for further rate cuts as data-dependent approach prevails
At the ECB Forum on Central Banking overnight, ECB President Christine Lagarde hinted that the […]
Euro Rises Despite France’s Vote for the Right
The euro has started the week with strong gains. EUR/USD is trading at 1.0756 in […]
Eurozone PMI manufacturing finalized at 45.8, recovery pushed to late summer
Eurozone manufacturing PMI for June was finalized at 45.8, down from May’s 47.3, signaling continued […]
Eurozone PPI falls -0.2% mom, -4.2% yoy in May
Eurozone PPI fell -0.2% mom, -4.2% yoy in May, versus expectation of 0.0% mom, -4.1% […]