Investors’ Focus Will be on Europe
In focus today In the euro area, the EU commission will reveal against which countries […]
ECB’s de Guindos emphasizes importance of economic projections in rate decisions
ECB Vice President Luis de Guindos highlighted the critical role of updated macroeconomic projections in […]
Eurozone CPI finalized at 2.6% in May, core at 2.9%
Eurozone CPI was finalized at 2.6% yoy in May, up from April’s 2.4% yoy. CPI […]
German ZEW ticks up to 47.5, sentiment and situation stagnate
German ZEW Economic Sentiment ticked up from 47.1 to 47.5 in June, below expectation of […]
Dollar Took a Breather But Shows Resilience Despite More Constructive Risk Sentiment
Markets The European risk-off from last week shifted into a lower gear. Markets pondered comments […]
The US and the Rest
The S&P500 hit a record high yesterday, its 30th record high since the beginning of […]
Instrument of the Week (June 17—21): EURGBP Overview
The EURGBP pair, representing the exchange rate between the Euro and the British Pound, encapsulates […]
Euro Steadies After Market Jitters Subside
The euro is steady on Monday. EUR/USD is trading at 1.0714 in the North American […]
ECB’s Lane confidence on inflation, cautions on interpreting data noise
ECB’s Chief Economist Philip Lane expressed “a lot, a fair amount of confidence” today that […]
For EUR/USD, Further Decline to 1.06 Support the Path of Least Resistance
Markets The French/Macron-driven risk-off continued to rage across European markets last Friday. European risk premia […]
Sharp Declines in Euro and European Markets Triggered by French Political Drama
Global financial markets were abuzz with several high-profile events last week, including critical meetings of […]
ECB’s Centeno: Ideal interest rates should approach 2%, avoiding zero
ECB Governing Council member Mario Centeno remarked today that “the cycle of interest rates will […]