FORGOTTEN HISTORY: 5 - The Untold Story

US dollar climbs to 17-month high as bond rout, French fiscal worries weigh on euro

The US dollar is experiencing a significant surge, reaching a 17-month peak as global bond yields continue to rise. Investor anxiety over inflation and increased government borrowing is steering market trends. As a result, yields on 10-year US Treasuries have soared to their highest point since 2002. Meanwhile, the euro…

The Economic Times · Oct 2

Eurozone factory growth hits four-year high in September on strong demand

Eurozone manufacturing growth accelerated to a four-year high of 52.9 in September, driven by robust demand for capital goods and rising exports. However, accelerating input costs and expected consumer inflation of 3.6% pose fresh risks, heightening market expectations of further rate increases by the European Central Bank.

The Economic Times · Oct 1

Global Market: Eurozone bonds face pressure as energy shock fuels rate hike bets

Eurozone bond yields rose sharply as energy-driven inflation strengthened expectations of further ECB rate hikes through 2027. French yields hit an 18-year high, while spreads for French and Italian debt widened amid fiscal concerns. Investors are reassessing inflation, borrowing costs, debt sustainability and political risks across heavily indebted eurozone economies.

The Economic Times · Oct 1

Dollar Rebounds as T-note Yields Rise

The dollar index (DXY00 ) rose by +0.09% on Wednesday. The dollar shook off early losses on Wednesday and moved higher after T-note yields rose. Signs of strength in the US economy also supported the dollar after Q2 GDP was revised higher, and the Sep ADP employment change and Sep...

Barchart · Sep 30

UK PM Burnham says may rejoin EU if 'pros outweigh cons'; France, Spain say 'welcome back'

British Prime Minister Andy Burnham has suggested the UK need to rethink its relationship with the European Union. He remarked that Brexit has not lived up to its commitment of regaining control, particularly over immigration matters. European leaders remain open to Britain's return, as polls reflect some public support; nevertheless,…

The Times of India · Sep 30

Stocks mixed as inflation worry weighs on Europe

European markets were hit by a string of strong inflation readings

Evening Standard · Sep 30

Voices: The seven questions Andy Burnham needs to answer if he’s serious about rejoining Europe

COMMENT: How long will it take? Will we need to switch to the euro? Chris Blackhurst sets out the hurdles the PM must clear if he really wants Britain back in the bloc

The Independent UK · Sep 30

The way back to Europe is rocky – but it is a road well worth taking

THE INDEPENDENT VIEW: Editorial: Andy Burnham talks of going ‘all the way’ as the government reviews relations with the bloc – he is right to put rejoining back on the table

The Independent UK · Sep 30

Global Market: Eurozone bond yields ease from highs as rate-hike bets cool

Eurozone bond yields eased Wednesday from multi-year highs as investors tempered expectations for further rate hikes. Germany’s 10-year yield fell to 3.57%, while French and Italian borrowing costs also declined but remained sharply higher for September. Falling energy prices and cautious central-bank signals offered relief, ahead of key inflation data.

The Economic Times · Sep 30

Global Market: Euro under pressure from energy shock and political risks

The euro has fallen nearly 2% in September as energy prices, political uncertainty and a stronger dollar weigh on the currency. Concerns over German and French politics, rising borrowing-cost spreads and elevated European gas prices threaten growth. ECB rate expectations offer some support, but markets remain cautious about further euro…

The Economic Times · Sep 30