Weekly Economic & Financial Commentary: The Long and Winding Road to Easing
Summary United States: The Long and Winding Road to Easing The case for rate cuts […]
Week Ahead – Hawkish Risk as Fed and NFP on Tap, Eurozone Data Eyed Too
Fed meets on Wednesday as US inflation stays elevated Will Friday’s jobs report bring relief […]
Weekly Focus – Rate Cut Expectations Pushed Back Further
It has been a volatile week for risk markets, once again mostly driven by expectations […]
Euro Turns to GDP and Inflation Data for a Lifeline
Euro loses ground as European Central Bank signals rate cuts But only against US dollar […]
ECB’s Schnabel identifies services inflation as primary concern
ECB Executive Board Member Isabel Schnabel acknowledged that the consensus that the path to disinflation […]
Japanese Yen Moved Beyond USD/JPY 155 for the First Time Since 1990
Markets Core bonds drifted away again yesterday. In the US, Treasuries reversed Tuesday’s (disappointing) PMI-induced […]
JPY Weakness Extends
In focus today In the US, today’s focus will be on Q1 flash GDP data, […]
Euro Edges Lower Despite Stronger German Business Confidence
The euro is slightly lower on Wednesday. In the European session, EUR/USD is trading at […]
ECB’s de Guindos: June cut a failt accompli, uncertain afterwards
In an interview with Le Monde, ECB Vice President Luis de Guindos indicated barring any […]
Eurozone PMI composite rises to 51.4, recovery to sustain
Eurozone’s PMI Manufacturing fell from 46.1 to 45.6 in April, below expectation of 46.5. PMI […]
ECB’s Nagel cautions: June rate cut may not lead to further easing
At a conference today, Joachim Nagel, Bundesbank President and ECB Governing Council member, said that […]