Markets Price Higher Probability of ECB Rate Cut in April
In focus today US December Private Consumption Expenditures (PCE) data will be released today. Strong […]
Risk Sentiment Revives on Strong US GDP, Euro Holds Its Ground Against Dollar Post-ECB
Commodity currencies bounce in early US session, spurred by unexpectedly robust US GDP data that […]
Germany Ifo business climate falls to 85.2, stuck in recession
German Ifo Business Climate fell from 86.3 to 85.2 in January, below expectation of 86.7. […]
European PMIs weaker than analysts’ forecasts but didn’t disappoint markets
Preliminary January PMIs for Germany showed a worsening of the situation contrary to the expected […]
Bundesbank report warns of German economy’s vulnerability to China’s economic woes
In its latest monthly report, Bundesbank issued a cautionary message about China’s current economic struggles […]
Germany’s PMI composite falls to 47.1, continuation of recession
Germany PMI Manufacturing rose from 43.3 to 45.4 in January, an 11-month high. PMI Services […]
Fin Min Suzuki Restarted Verbal Intervention
Markets US and European yields yesterday maintained Wednesday’s gains. Data were mostly ‘second tier’ but […]
Markets Scaled Back Expectations for March Fed Rate Cut to About 50%
Markets Yesterday’s, the news flow unidirectionally supported recent central bankers’ mantra that there is no […]
Trump Wins Iowa Caucus
In focus today Today, focus is on German ZEW data for January and final inflation […]
Euro Drifting Ahead of German CPI
The euro is showing limited movement on Monday. In the European session, EUR/USD is trading […]
EUR/USD Blocked in Tight Sideways Range
Markets Markets on Friday again took somewhat of a biased reading, both of the developments […]
Germany’s Gfk consumer sentiment plummets to -29.7, hopes of recovery dashed
Consumer sentiment in Germany has taken a substantial downturn, reaching its lowest level since March […]