Markets Staying in Tight Range, Inflation and Sentiment Data to Highlight the Week
The financial markets are rather steady in Asian session today, showing little reaction to the […]
Eurozone PMI manufacturing down to 43.6, services down to 52.4
Eurozone PMI Manufacturing fell from 44.8 to 43.6 in June, a 37-month low. PMI Services […]
Bundesbank Nagel: It’s a first order error to give up inflation fight too early
Bundesbank President Joachim Nagel described inflation as a “greedy beast” that’s “stubborn. And it’s a […]
Ifo: German economy to contract -0.4% this year, inflation down slightly to 5.8%
German economy endured a “sharp setback” in the winter half-year, primarily due to soaring inflation […]
Fed to Pause, Focus on July Meeting
Market movers today Even though core inflation remained relatively high at 0.4% m/m in May […]
Germany ZEW economic sentiment rose to -8.5, but current situation tumbles very sharply
Germany ZEW Economic Sentiment rose slightly from -10.7 to -8.5 in May, above expectation of […]
Markets Rise ahead of US CPI, Fed in Focus
Asian markets traded higher on Tuesday, following the positive cues from Wall Street overnight after […]
China Cuts Rates
Market movers today US CPI for May is out ahead of the monetary policy decision […]
Higher Yields Amid Surprise Hike from Bank of Canada
Market movers today It will be another quiet data day in terms of economic data. […]
Weak Chinese Trade Data Add to Growth Worries
Markets German Bunds outperformed US Treasuries during European trading hours following an unexpectedly strong decrease […]
Reserve Bank of Australia Raised Policy Rate Further by 25 bps
Markets A disappointing US non-manufacturing ISM was yesterday’s defining moment for FI and FX trading. […]
Bundesbank foresees difficult recovery for Germany, despite ended recession in Spring
In its latest monthly report, Bundesbank projected a somewhat gloomy economic outlook for Germany. The […]