European Currencies Face a Crucial Test: What to Expect
The end of June and the beginning of July are packed with significant economic and […]
Is France Headed for Political Stalemate and How Bad is this for Euro?
Far-right National Rally party maintains lead ahead of June 30 first round of votes But […]
Yen Drops to 1986 Low
In focus today Today focus will be on the Riksbank’s policy rate announcement at 09.30 […]
Need Morphine
The selloff in Japanese yen extended yesterday sending the currency to the lowest levels since […]
ECB’s Panetta: Must manage risks beyond baseline scenarios
Speaking today, ECB Governing Council member Fabio Panetta noted that the current macroeconomic conditions support […]
ECB’s Rehn considers two more rate cuts this year as reasonable
In an interview today, ECB Governing Council member Olli Rehn indicated that market data suggests […]
Tech Stocks Rebound
In focus today Overnight China releases industrial profits for May. Profits grew 4% y/y in […]
EUR/USD Has Little Upward/Rebound Potential
Markets Fuss about potential Japanese FX interventions (USD/JPY 160) and more French political scenario’s dominated […]
Spotlight on US Consumer Sentiment
In focus today Today’s schedule is light in terms of data releases. In the US […]
Japanese Yen Grabs Most Attention This Morning
Markets The Japanese yen grabs most attention this morning. Dollar strength pushed USD/JPY last Friday […]
Eurozone economic sentiment falls slightly to 95.9, EU ticks down to 96.4
Eurozone Economic Sentiment Indicator ticked down from 96.1 to 95.9 in June. Employment Expectation Indicator […]