FOMC Minutes in Focus Today
In focus today Tonight, FOMC will publish minutes from its November meeting. Markets remain divided […]
Markets Draw Some Comfort from Bessent Being Trump’s Treasury Secretary
Markets The PMI’s on Friday again highlighted the divergence in growth and confidence between the […]
Weak Euro Area PMIs Raise Concerns Over Growth Outlook
In focus today Today, in Germany we receive the Ifo growth indicator for November. After […]
Eurozone PMI signals stagflation as both manufacturing and services contract
Eurozone economic activity weakened sharply in November, with PMI Manufacturing falling to 45.2 from 46.0 […]
San Francisco Fed Economists Said US Labor Market Still Adding to Inflationary Pressures
Markets US Treasuries followed last week’s recipe. Testing the recent low (area; depending on the […]
ECB’s Nagel defends rate path, warns of 1% economic hit from Trump tariffs
In an interview with Die Zeit, German ECB Governing Council member Joachim Nagel reinforced ECB’s […]
EUR/USD Slips to 7-Month Low on Weak Eurozone Confidence Data
The euro can’t seem to find its footing. EUR/USD is down for a third straight […]
Dollar Extends Rally as Yields Jumps; Euro Weakens on Disappointing Data
Dollar’s rally continues broadly today, though most of its strength remains concentrated against European majors. […]
German ZEW slumps to 7.4, domestic political uncertainty and US election outcome
German ZEW Economic Sentiment index took a significant hit in November, plunging from 13.1 to […]
Dollar Sets the Pace in FX Markets
Markets US markets were closed yesterday in observance of Veteran’s Day, thinning trading conditions at […]
Will ZEW for November Match October’s Improvement?
In focus today Today will be light on the data front, with the German ZEW […]
German Ifo falls to 85.7, further deterioration
Germany’s Ifo Business Climate Index declined to 85.7 in November, down from 86.5 in October, […]