Oil Price Rises on Libyan Supply Concerns
In focus today From the US, Conference Board’s consumer confidence index for August is due […]
EUR/USD Dips as German Business Climate Falls
The euro is in negative territory on Monday. In the European session, EUR/USD is trading […]
Germany’s Weakening Business Climate Cooled But Unlikely to Turn Euro Around
Germany’s business climate Germany’s business climate deteriorated in August but was better than expected. The […]
For Now, We Don’t Fight the Broader USD Downtrend
Markets At its keynote Jackson Hole speech on Friday, Fed Chair Powell explicitly reconfirmed the […]
Fed Chair Powell Ready to Loosen Monetary Policy
In focus today We will have a quiet start to the week on the data […]
Germany’s PMI composite falls to 48.5, risk of another recession growing
Germany’s PMI data for August paints a bleak picture, with both the manufacturing and services […]
Bundesbank expects temporary inflation rise, sees modest economic expansion ahead
In its latest monthly report, Bundesbank cautioned that inflation is expected to “temporarily increase” towards […]
German ZEW plummets to 19.2, economy breaking down
Germany’s ZEW Economic Sentiment index took a significant hit in August, falling sharply from 41.8 […]
Key Euro Area Data Overshadowed by Developments Elsewhere
Fed meeting and Middle East developments in the foreground Tuesday’s eurozone GDP figures could produce […]
German Ifo falls to 87, economy stuck in crisis
Germany’s Ifo Business Climate Index fell from 88.6 to 87.0 in July, missing expectations of […]
German Gfk consumer sentiment improves to -18.4, driven by income expectations
Germany’s Gfk Consumer Sentiment for August rose to -18.4, surpassing expectations of -21.1, and marking […]
German Ifo business climate falls to 86.6, Ifo warns of worsening economic crisis
In August, Germany’s Ifo Business Climate Index dropped from 87.0 to 86.6, slightly surpassing expectations […]