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 […]
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 […]
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 […]
German Ifo business climate rises to 89.4, economy stabilizing thanks to service providers
German Ifo Business Climate rose from 87.8 to 89.4 in April, above expectation of 88.5. […]
Germany PMI composite soars to 53.3, indicative of 0.2% GDP expansion in Q2
Germany’s PMI Manufacturing ticked up from 41.9 to 42.2 in April, below expectation of 42.9. […]
US House Passes Military Aid Bill to Ukraine, Israel and Taiwan
In focus today In a relatively quiet start to the week economic data-wise, markets will […]
Bundesbank highlights modest improvement in German economy with ongoing risks
Bundesbank, in its latest monthly report, suggested some improvement in the German economy though underlying […]
German ZEW jumps to 42.9, euro’s depreciation helps
German ZEW Economic Sentiment jumped from 31.7 to 42.9 in April, well above expectation of […]
Mixed Signals Indicate China Still Muddling Through
In focus today We continue to follow the developments in the Middle East after Iran’s […]
Germany’s Gfk consumer sentiment rises to -24.2, an extremely low two-year high
German Gfk Consumer Sentiment for May rose from -27.3 to -24.2, above expectation of -25.5. […]