Weak PMIs Keep ECB Jumbo Cut Speculation Alive
In focus today and over the weekend Today, focus turns to the German Ifo growth […]
Eurozone PMI Temporarily Helps the Euro but Is Unlikely to Change the Trend
On Thursday, S&P Global released flash estimates for the October PMIs across major regions. The […]
EMU Money Markets Currently Attach Near 50% Probability to ECB Scaling Rate Cuts Up to 50 bps in December
Markets German Bunds significantly outperformed US Treasuries yesterday, especially at the front end of the […]
Weak German PPI Send the Euro Back Down
Market picture The German Producer Price Index fell more than expected, preventing the EURUSD from […]
Dollar Extends Winning Streak, Though Momentum Hints at Waning Strength
Dollar continued its reign as the strongest currency for yet another week, bolstered by solidifying […]
ECB Review: A Rate Cut – and Awaiting More Data
Today, the ECB cut rates for the third time this year, bringing the deposit rate […]
Germany’s ZEW jumps to 13.1 in Oct, driven by optimism on inflation and ECB rate cuts
Germany’s ZEW Economic Sentiment index surged significantly to from 3.6 to 13.1 in October, surpassing […]
Oil Price Declines
In focus today In Germany, we get the ZEW index for October, which will give […]
Germany’s Manufacturing Rebound Doesn’t Change the Gloomy Picture
Germany’s industrial production index jumped 2.9% in August, almost recovering from a similar drop in […]
Probability of 50bp Fed Rate Cut Declines After Strong Jobs Report
In focus today Today, 7 October marks one year since Hamas’ terrorist attack that started […]
We Continue to Err on the Side of Another 50 bps Fed Rate Cut
Markets German Bunds outperformed US Treasuries yesterday. German yields closed 4.8 bps (2-yr) to 9.8 […]
Germany’s PMI offers slight relief, but structural weaknesses persist
Germany’s economic outlook improved slightly in October, as PMI Manufacturing index rose to 42.6 from […]