ECB cuts interest rates to support flagging eurozone economy Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown The Guardian - UK · Oct 17, 2024
ECB Set To Cut Rates Again As Inflation Cools European Central Bank policymakers meet on Thursday with fading price pressures and weaker economic activity in the eurozone nudging them towards making another cut to interest rates. International Business Times · Oct 17, 2024
Stocks Muted Before the Open With U.S. Economic Data in Focus December S&P 500 E-Mini futures (ESZ24) are down -0.09%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.21% this morning as investors awaited a new round of U.S. economic data and remarks from a Federal Reserve official. Barchart · Oct 3, 2024
Stocks Slip Before the Open as Middle East Tensions Rise, U.S. Economic Data on Tap December S&P 500 E-Mini futures (ESZ24) are down -0.32%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.45% this morning as risk-off sentiment prevailed due to the potential for escalating conflict in the Middle East, while investors awaited a new round of U.S. economic data and remarks from a… Barchart · Oct 3, 2024
Stock Index Futures Mixed Ahead of U.S. JOLTs Report and Fed Speak, Nike Earnings on Tap December S&P 500 E-Mini futures (ESZ24) are down -0.13%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.06% this morning as investors awaited the latest reading on U.S. job openings, comments from Federal Reserve officials, and an earnings report from the world’s largest shoemaker Nike. Barchart · Oct 1, 2024
Eurozone Inflation Falls Below ECB Target, Rate Cut Expected Eurozone inflation falls below ECB's target as energy prices decrease, potentially leading to further rate cuts. Top News · Oct 1, 2024
Eurozone Inflation Falls Under 2% For First Time Since 2021 The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut. International Business Times · Oct 1, 2024
German economy is ‘stuck in stagnation,’ ING says “The German economy is back where it was a year ago: the growth laggard of the eurozone with few signs of an imminent improvement.” Fortune · Sep 26, 2024
Stocks Set to Open Higher as Investors Await Key U.S. Inflation Data and Fed Speak December S&P 500 E-Mini futures (ESZ24) are up +0.19%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.25% this morning as market participants looked ahead to speeches from Federal Reserve officials, earnings reports from several notable companies, and the release of the Fed’s favorite inflation gauge later in the… Barchart · Sep 23, 2024
Stocks Set for Muted Open as Investors Await Key U.S. Inflation Data and Fed Speak December S&P 500 E-Mini futures (ESZ24) are up +0.08%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.16% this morning as market participants looked ahead to speeches from Federal Reserve officials, earnings reports from several notable companies, and the release of the Fed’s favorite inflation gauge later in the… Barchart · Sep 23, 2024
Dollar Edges Lower as the Euro Climbs on Hawkish ECB Rate Cut The dollar index (DXY00 ) Thursday retreated from a 1-week high and finished down by -0.33%. The dollar slid Thursday after US weekly jobless claims unexpectedly increased, which signaled a weaker labor market that is dovish for Fed policy. Also, strength in the euro weighed on the dollar as the... Barchart · Sep 12, 2024
ECB cuts interest rate to 3.5% and warns of weak eurozone growth European Central Bank makes 0.25-point cut as expected after eurozone inflation fell to 2.2% in August The Guardian - UK · Sep 12, 2024
Dollar Slips and Gold Climbs to a Record High as ECB Cuts Interest Rates The dollar index (DXY00 ) today fell back from a 1-week high and is down by -0.10%. The dollar slipped today after US weekly jobless claims unexpectedly increased, which signaled a weaker labor market that is dovish for Fed policy. Also, strength in the euro is weighing on the dollar... Barchart · Sep 12, 2024
ECB Cuts Benchmark Rate To Support Tepid Growth ECB cuts benchmark interest rate to stimulate Eurozone economy and prevent deflation. Top News · Sep 12, 2024
International Business Times · Sep 9, 2024 ECB To Deliver Fresh Rate Cut As Inflation Cools The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-percent target, but policymakers will likely stay tight-lipped on future moves.
Barchart · Aug 30, 2024 Dollar Gains and Gold Falls on the Outlook for Less Aggressive Fed Easing The dollar index (DXY00 ) Friday climbed to a 1-1/2 week high and finished up by +0.37%. The dollar found support from Friday’s US personal spending and the core PCE reports, which dampened speculation the Fed will cut interest rates by 50 bp at next month’s FOMC meeting. The dollar...
The Guardian - UK · Aug 30, 2024 ECB mulls second interest rate cut as eurozone inflation falls to 2.2% Drop to lowest level since 2021 may lead to cut in September though unemployment figures give cause for concern
Top News · Aug 30, 2024 Eurozone Inflation Falls, ECB Likely To Cut Rates Eurozone inflation decline prompts potential rate cuts by ECB and Fed to stimulate growth and employment.
International Business Times · 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.
Barchart · Aug 22, 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...
The Guardian - UK · 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
Barchart · Aug 20, 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 5, 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.