Global Markets Rally on Central Bank Easing Signals; Currencies Show Subdued Movements
Global markets were buoyed by pervasive risk-on sentiment last week, with both FTSE and DAX […]
ECB’s Holzmann decisively against quick and strong interest rate cuts
In an interview published today, ECB Governing Council member Robert Holzmann indicated that while he […]
ECB’s Wunsch sees path to start rate cut, but not preset course of action
Speaking in Frankfurt, ECB Governing Council member Pierre Wunsch indicated the even though the outlook […]
German Industrial Production Slide Brings Closer ECB’s Rate Cut
German industrial production continues to decline. The rate of contraction in March was slightly better […]
Fed Kashkari Comments Didn’t Bring Life into Mostly Sideways Dealings
Markets US trading hours were only a little more entertaining than dull European ones yesterday. […]
ECB’s Nagel warns of persistent inflationary pressures
Bundesbank President Joachim Nagel, a member of ECB Governing Council, cautioned about enduring inflationary challenges […]
Eurozone retail sales rises 0.8% mom in Mar, EU up 1.2% mom
Eurozone retail sales volume grew 0.8% mom in March, above expectation of 0.6% mom. Volume […]
RBA Stays Pat, AUD Falls
The week started on a positive note for the global equities which continue to surf […]
We Now Expect Two Rate Cuts from Fed This Year
In focus today Today is a quiet day on the data front. In the euro […]
Euro Edges Higher as Eurozone Data Improves
The euro has started the new trading week quietly. EUR/USD is up 0.23%, trading at […]
Focus on RBA as Australian Dollar Maintains Strength
As the market transitions into US session, Australian Dollar maintains its position as the strongest […]
June rate cut plausible, ECB accounts indicate
In the accounts from their April monetary policy meeting, ECB confirmed that it is “plausible” […]