Eurozone Inflation Falls, ECB Likely To Cut Rates Eurozone inflation decline prompts potential rate cuts by ECB and Fed to stimulate growth and employment. Top News · Aug 30, 2024
Eurozone Inflation Falls To Three-year Low In August Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European Central Bank interest-rate cut. International Business Times · Aug 30, 2024
Dollar Moves Higher with Bond Yields The dollar index (DXY00 ) today is up by +0.50%. The dollar is moving higher today after bond yields rose on hawkish comments from Kansas City Fed President Schmid who said he wants to see more economic data before supporting any decision to begin cutting interest rates. The dollar remained... Barchart · Aug 22, 2024
Paris Olympics gives eurozone economic boost after rise in spending French service sector drives growth but experts warn strong figures mask disappointing performance elsewhere The Guardian - UK · Aug 22, 2024
Dollar Falls and Gold Rallies on the Outlook for Lower US Interest Rates The dollar index (DXY00 ) Tuesday fell by -0.44% and posted a new 7-1/2 month low. Lower T-note yields Tuesday weighed on the dollar. Also, the euro's strength undercut the dollar as EUR/USD rose to a 7-1/2 month high Tuesday. The dollar extended its losses Tuesday after Fed Governor Bowman... Barchart · Aug 20, 2024
Dollar Falls and Pushes Gold to a Record High The dollar index (DXY00 ) today is down by -0.18% and posted a new 7-1/2 month low. Lower T-note yields today are weighing on the dollar. Also, the euro's strength is undercutting the dollar as EUR/USD rose to a 7-1/2 month high today. The dollar also has some negative carryover... Barchart · Aug 20, 2024
Stocks Set to Open Sharply Lower as Global Market Rout Intensifies September S&P 500 E-Mini futures (ESU24) are down -2.48%, and September Nasdaq 100 E-Mini futures (NQU24) are down -4.10% this morning, extending last week’s losses as concerns intensified that the Federal Reserve is lagging in providing policy support for a slowing U.S. economy. Barchart · Aug 5, 2024
Stocks Set to Open Sharply Lower as Global Rout Intensifies September S&P 500 E-Mini futures (ESU24) are down -2.48%, and September Nasdaq 100 E-Mini futures (NQU24) are down -4.10% this morning, extending last week’s losses as concerns intensified that the Federal Reserve is lagging in providing policy support for a slowing U.S. economy. Barchart · Aug 5, 2024
German Economy Unexpectedly Shrinks In Second Quarter The German economy unexpectedly shrank in the second quarter, preliminary data showed Tuesday, falling further behind as a recovery takes hold elsewhere across the eurozone. International Business Times · Jul 30, 2024
Eurozone Economy Grows 0.3% In Q2, Germany Shrinks Eurozone's Q2 growth at 0.3% with Germany's contraction raises concerns. Challenges and disparities in growth rates require strategic interventions for rec... Top News · Jul 30, 2024
France, Spain Log Solid Growth In Second Quarter The French economy grew faster than expected in the second quarter, official data showed Tuesday, giving a boost to the eurozone. International Business Times · Jul 30, 2024
European Central Bank Maintains Key Interest Rate At 3.75% European Central Bank maintains key interest rate at 3.75% to ensure stability and growth in Eurozone. Top News · Jul 18, 2024
Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2% European home buyers and businesses are going to have to wait for lower interest rates The Independent UK · Jul 18, 2024
The ECB's chief is tired of people blaming Taylor Swift for the Eurozone’s sticky inflation “It’s not just Taylor Swift, you know,” Christine Lagarde told the ECB Forum. “Others have come as well.” Fortune · Jul 3, 2024
The Guardian - UK · Jul 2, 2024 Sainsbury’s boss says rate cuts needed to spur consumer spending; eurozone inflation dips to 2.5% – as it happened Simon Roberts says consumer caution ‘not surprising given everything households have been through in the cost of living crisis’
The Guardian - UK · Jul 2, 2024 Eurozone inflation eases but ECB likely to keep interest rates on hold Consumer prices slip to 2.5% but core rate stays high, prompting little belief in further cuts in borrowing costs
The Guardian - UK · Jun 6, 2024 European Central Bank cuts main interest rate by 0.25 points ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England
The Guardian - UK · Jun 5, 2024 European Central Bank expected to cut interest rates for first time in five years A 0.25 percentage point cut to main lending rate is forecast amid growth in Germany, Italy and Spain
Barchart · Jun 5, 2024 S&P Futures Tick Higher on Fed Rate Cut Bets, U.S. ADP Jobs Report Looms June S&P 500 E-Mini futures (ESM24) are trending up +0.25% this morning following a positive session on Tuesday as a decline in U.S. job openings firmed up Federal Reserve rate-cut bets, with investors’ focus now turning to the ADP National Employment numbers due later in the day.
Barchart · Jun 5, 2024 S&P Futures Tick Higher as U.S. ADP Jobs Report Looms June S&P 500 E-Mini futures (ESM24) are trending up +0.17% this morning following a positive session on Tuesday as a decline in U.S. job openings firmed up Federal Reserve rate-cut bets, with investors’ focus now turning to the ADP National Employment numbers due later in the day.
Barchart · May 31, 2024 Stocks Falls on Concern about Weaker US Consumer Spending and Chip Stock Weakness The S&P 500 Index ($SPX ) (SPY ) today is down -0.50%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.36%. US stock indexes saw support early in the session after the as-expected PCE deflator...
Barchart · May 31, 2024 Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report The dollar index (DXY00 ) today is down -0.21%. The dollar is being undercut by today’s -5 bp decline in the US 10-year T-note yield after the US PCE deflator report was in line with market expectations and kept alive hopes for the Fed to cut interest rates later this...
Barchart · May 30, 2024 Stocks Slip Before the Open as Risk Mood Sours, U.S. GDP Data and Earnings in Focus June S&P 500 E-Mini futures (ESM24) are down -0.39%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.42% this morning as U.S. Treasury yields hovered near the highest levels of the year, weighing on the risk mood, while investors braced for a slew of U.S. economic data, remarks from…
Fortune · May 21, 2024 Ryanair boss Michael O'Leary getting 'recessionary feel' from Europe customers The Ryanair CEO worries that consumer confidence might be lagging ahead of the crucial summer season, and he may have a point.
Fortune · May 18, 2024 Debt-hungry Americans focking to Europe as interest rate cuts fuel $33bn 'Reverse Yankee' Issuance of European debt could be on track to break records as the Eurozone gets the jump against the Fed in cutting rates.