Where Are The Oil Bulls?
The global economy is settling into a newfound stability and central banks can continue to […]
Euro Gains Momentum Despite ECB Rate Cut Speculations
Euro is gaining broadly today, even though there is no major fundamental news driving its […]
Short-Term Technical Picture for Dollar Turned More Neutral
Markets US data on Friday (almost) perfectly fitted the dovish post-Fed market momentum. After several […]
Norges Bank and Nonfarm to Round Off a Busy Week
In focus today Today we get the US April Jobs Report which will round off […]
Currency Markets an Ocean of Calm
Markets US Treasury yields ease a few more bps in the wake of yesterday’s FOMC […]
ISM Data Points to a Stronger Than Expected US Service Sector
In focus today Focus in the euro area is on retail sales for December. Private […]
Dollar’s Dominance Continues, Sterling and Euro Accelerates Down
Dollar’s robust rally persists in early US session, and gains momentum alongside the strong rise […]
OECD raises global growth forecasts to 2.9% in 2024 on robust US performance
OECD’s latest Interim Economic Outlook report presents a cautiously optimistic upgrade in global growth forecasts […]
OECD calls for BoJ rate hike and flexible YCC
OECD has suggested that BoJ should consider implementing a gradual rise in short-term interest rates […]
British Inflation Unexpectedly Falls
Freshly out of the oven this morning, the British inflation unexpectedly eased from 6.8% to […]
Eurozone Inflation Revised Lower, OECD Downgrades Growth, RBA Considered Another Hike
Eurozone headline inflation was slightly lower than initially reported in August while core was unrevised […]
OECD sees 3.2% global growth in 2024 and 2025
In the Economic Outlook Interim Report, OECD raised its global GDP growth forecast for 2024 […]