As ECB Hike Dilemma Sharpens, Traders Seek Clarity in Inflation Numbers
With Lagarde taking off her ultra-hawk armor at the latest ECB gathering and last week’s […]
Market Treads Cautiously Ahead of Powell and Lagarde’s Speeches
As the financial world gears up for the much-anticipated remarks from Fed Chair Jerome Powell […]
Germany PMI services fell to 9-month low, hope of rescue evaporated
Germany PMI Manufacturing ticked up from 38.8 to 39.1 in August. PMI Manufacturing Output fell […]
Bundesbank Inflation Worries Despite Declining Producer Prices
Market movers today On the data side, we get July existing home sales data for […]
Bundesbank: Germany economy to stagnate, inflation to stay above 2%
In its latest monthly report, Bundesbank paints a sobering picture of the German economy, which […]
German PPI’s Sharp Drop Lifts Peak-Rates Hopes
The sharp fall in German producer prices is both a signal of easing inflationary pressures […]
Dollar Gained Some Ground But Failed to Really Gain Momentum
Markets Both the US 10-yr and 30-yr yield tested the autumn 2022 cycle high yesterday, […]
German ZEW rose to -12.3, but current situation dived
August’s ZEW Economic Sentiment Index for Germany showed an unexpected improvement, moving from -14.7 to […]
China Surprises With Rate Cut, US Retail Sales in Focus
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate […]
Eurozone Sentix rose to -18.9, but no joy about this development
Eurozone Sentix Investor Confidence rose from -22.5 to -18.9 in August, much better than expectation […]
Bank of Japan Intervened With Unscheduled Bond Buying Program
Markets Bunds and US Treasuries parted ways yesterday. Yields on the latter surged more than […]
German Ifo business climate sinks for fourth month, economy faces uphill battle
Germany’s economic outlook has dimmed yet again, as indicated by the Ifo Business Climate Index […]