Weekly Economic & Financial Commentary: Higher for Longer Mantra on Repeat in Week Replete with Fed Speak
Summary United States: High Mortgage Rates Burden Homebuyers Homebuying retreated in April following a leg […]
Week Ahead – US PCE Inflation and Eurozone CPI Data Enter the Spotlight
Dollar traders lock gaze on core PCE index Eurozone CPIs in focus as June cut […]
ECB Preview – A Political Rate Cut in June, and No Cut in September
On Thursday 6 June, the ECB is widely expected to deliver a 25bp rate cut, […]
Weekly Focus – Euro Economy on Track for Mild Recovery
Economic news was to the solid side this week with not least euro area PMIs […]
Japanese Inflation Falling Towards BoJ 2% Inflation Target
Markets Core bonds fell yesterday with German Bunds marginally underperforming US Treasuries. A solid European […]
Euro Area and US PMIs Surprise to the Upside
In focus today From the US, April durable goods orders and revised May Michigan consumer […]
Cliff Notes: Consumers and Central Banks Seek Confidence
Key insights from the week that was. In Australia, Westpac-MI Consumer Sentiment is still yet […]
EUR/USD Price Forms Bullish Reversal Amid Key News
Last night, the FOMC meeting minutes were released. According to USNews, there were no major […]
Eurozone PMI composite hits 12-month high at 52.3, pointing to 0.3% GDP growth in Q2
In May, Eurozone’s PMI Manufacturing rose from 45.7 to 47.4, surpassing expectations of 46.6 and […]
May PMIs are Today’s Main Event
In focus today In the euro area, focus turns to the May PMIs. The economy […]
Sterling Soars Once Again in the Wake of Consensus-Beating CPI
Markets US Treasury and German yields both ended a fairly quiet trading day a few […]
ECB’s Schnabel warns against hasty moves following likely June cut
ECB Executive Board member Isabel Schnabel indicated in an interview that if inflation outlook and […]