Euro Steady on Light Data Calendar
EUR/USD continues to drift this week, content to stick close to the 1.06 line. There […]
German Business Quickly Recovers from the Shock
Germany’s business sentiment index rose in December for the third month, returning to August levels […]
Euro Edges up as Business Climate Improves
EUR/USD has edged higher on Monday. In the European session, EUR/USD is trading at 1.0610, […]
Germany Ifo rose to 88.6, entering holiday with a sense of hope
Germany Ifo Business Climate rose from 86.4 to 88.6 in December, above expectation of 87.2. […]
US to Start Rebuilding Oil Reserves Next Year
Market movers today There are only few key data releases left for 2022, and this […]
Bundesbank expects no severe economic slump in Germany
Bundesbank projects that the German economy will contract -0.5% in 2023, then grow by 1.7% […]
Ifo: Germany economy to contract in Q4 and Q1
Ifo said the German economy is “suffering from huge supply shocks”. Price press is “not […]
Expect Fed to Raise Terminal Policy Rate to 5% and Perhaps Even More
Markets US CPI eased more than expected in November to 7.1% headline and 6% core […]
Germany ZEW rose to -23.3, significant improvement in economic outlook
Germany ZEW Economic Sentiment rose from -36.7 to -23.3 in December, above expectation of -26.3. […]
Risk-off/Wait-and-See Approach Makes Perfect Sense
Markets Friday’s session had some interesting features in store. European traders eyed the second voluntary […]
Markets and Fed are on Collision Course
Markets A third consecutive session of low trading volumes saw US Treasuries jump significantly higher. […]
Germany Gfk consumer sentiment rose to -37.8, slowly working its way out of depression
Germany Gfk Consumer Sentiment for January improved from -40.1 to -37.8. In December, economic expectations […]