Euro falls to two-month low as Fed shows no rush for further large rate cuts
The euro weakened to a two-month low against the US dollar following the release of the Federal Reserve meeting minutes. The trend is likely to…
Markets week ahead: Spotlight on eurozone inflation and US employment data
This week, markets will focus on upcoming economic data, including eurozone inflation, US non-farm payrolls, and China’s business activity figures. This data will be critical…
Markets round-up: China growth measures drive up European stocks
Chinese stimulus policies boosted stock markets across Europe, particularly in sectors more exposed to Chinese consumer demand, such as luxury and automotive stocks. Both the…
Markets lookahead: Global manufacturing PMIs, SNB, and RBA rate decision
This week is packed with key economic data and events, including manufacturing and services PMIs from major economies, alongside interest rate decisions from the Swiss…
Pound rockets to more than two-year high after BoE rate decision
Sterling soared to its highest level in two and a half years against the US dollar after the Bank of England held its interest rate…
What the Fed’s jumbo rate cut means for European and global markets
The Fed's substantial rate cut could result in a further loosening of global liquidity, prompting a shift in capital across asset classes and stock sectors.…
Germany’s economic sentiment takes a dramatic fall as outlook worsens
Germany's economic sentiment plunged to an 11-month low in September, with the ZEW index dropping sharply. Economic outlook worsened across key German industries, impacting the…
Gold nears record highs ahead of crucial rate decisions by central banks
Gold continues to hover near all-time highs, driven by a weakened US dollar, uncertain global economic outlooks, and escalating geopolitical tensions. The rally shows no…
Markets look ahead: EU final CPI, BoE, BoJ, and Fed rate decisions in focus
This week is packed with critical economic data and events, shaping global market sentiment. Three major central banks are scheduled to hold policy meetings and…
Markets weekly look ahead: ECB interest rate decision in the spotlight
This week, the European Central Bank (ECB) is poised to decide on interest rates, a key event for both European stock markets and the euro.…
ECB rate cut looking more likely as Eurozone growth downwardly revised
Eurozone growth for the second quarter was revised down to 0.2%, marking a slowdown compared to the first quarter. Germany contracted, while Spain saw strong…
Weekly recap: European markets retreat amid risk-aversion sentiment
Major benchmark indices across Europe, the US, and Asia are largely on track for a negative weekly close, driven by prevailing risk-aversion sentiment following weak…
Why has the euro rallied to a 13-month high against the dollar?
The euro has surged to a 13-month high against the dollar, benefiting from four weeks of gains as the Federal Reserve signals upcoming rate cuts.…
Pound soars to 29-month high following Fed rate cut signal at Jackson Hole
The British pound surged to its highest level against the US dollar given the Bank of England's less dovish stance compared to that of the…
Markets look ahead: EU inflation data in focus as ECB considers rate move
The Eurozone is set to release its first estimate of inflation for August, offering clues about the ECB's interest rate decision in September. Nvidia's earnings…