ECB To Cut Rates, Leading Eurozone's Inflation Battle European Central Bank set to cut interest rates ahead of the U.S. Federal Reserve as inflation eases post Ukraine crisis. Top News · Jun 6, 2024
Interest rates are likely headed down, at least in Europe The European Central Bank appears ready to start cutting interest rates before the U.S. Federal Reserve The Independent UK · Jun 6, 2024
ECB To Start Cutting Rates From Record Highs The European Central Bank is expected to start cutting interest rates from record highs Thursday, its first reduction in nearly five years, but volatile inflation means the path ahead is uncertain. International Business Times · Jun 6, 2024
ECB To Start Rate Cuts But Sticky Inflation Clouds Path Ahead The European Central Bank is expected to begin cutting eurozone interest rates from historic highs this week, but sticky inflation means the move is unlikely to kickstart a rapid easing cycle. International Business Times · Jun 3, 2024
Dollar Drops as Bond Yields Fall on US Inflation and Personal Spending Reports The dollar index (DXY00 ) on Friday fell slightly by -0.04%. The dollar was undercut by Friday’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... Barchart · May 31, 2024
Dollar Recovers and Moves Higher as Bond Yields Climb and Stocks Falter The dollar index (DXY00 ) Thursday rose by +0.15%. The dollar on Thursday recovered from early losses and rallied to a 1-week high after better-than-expected US economic reports bolstered the outlook for the Fed to delay interest rate cuts further. Weekly US jobless claims fell more than expected and the... Barchart · May 23, 2024
Dollar Slightly Weaker on Reduced Liquidity Demand The dollar index (DXY00 ) today is down by -0.05%. The dollar is under pressure as today’s rally in the S&P 500 to a new record high has reduced liquidity demand for the dollar. Also, strength in the euro today is undercutting the dollar on better-than-expected Eurozone economic reports. The... Barchart · May 23, 2024
ECB Can Start Cuts Before Fed, Says Finnish Bank Governor The European Central Bank did not have to take its cues from the US Federal Reserve and could start to lower rates as soon as June, Bank of Finland governor Olli Rehn told AFP. "While we don't make policy in a vacuum, the ECB is not the 13th Federal district… International Business Times · May 22, 2024
Eurozone escapes recession; UK mortgage approvals hit 18-month high – as it happened Fastest growth in 18 months as GDP expands by better-than-expected 0.3% in Q1 2024, after two quarters of contraction The Guardian - UK · Apr 30, 2024
Eurozone exits recession as ‘big four’ economies beat forecasts France, Spain, Germany and Italy helped by lower inflation and prospect of interest rate cuts The Guardian - UK · Apr 30, 2024
Euro Zone Sees Services-Led Bounce In April PMI Survey Recent PMI survey shows positive growth in Eurozone services sector, signaling potential economic recovery. Top News · Apr 24, 2024
ECB Tipped To Pause One Last Time Before June Rate Cut The Frankfurt-based institution has left its key rates unchanged since October 2023, following an unprecedented streak of hikes to tame red-hot inflation. International Business Times · Apr 8, 2024
Eurozone Inflation Falls Faster Than Expected In March The eurozone's annual rate of inflation dipped further than predicted in March, official data showed Wednesday, spurring hope that the European Central Bank will cut interest rates in June. International Business Times · Apr 3, 2024
European Stocks Rise Before UK Budget, ECB Rate Call European and Asian stock markets mostly rose Wednesday before a UK budget and Fed testimony and on the eve of a eurozone rate decision, while bitcoin and gold remained elevated one day after striking record peaks. International Business Times · Mar 6, 2024
Barchart · Mar 1, 2024 S&P Futures Tread Water Ahead of U.S. PMI Data and More Fed Speak March S&P 500 E-Mini futures (ESH24) are trending down -0.04% this morning as market participants braced for U.S. factory activity data while also awaiting remarks from Fed officials.
Barchart · Mar 1, 2024 S&P Futures Tick Lower Ahead of U.S. PMI Data and More Fed Speak March S&P 500 E-Mini futures (ESH24) are trending down -0.03% this morning as market participants braced for U.S. factory activity data while also awaiting remarks from Fed officials.
The Guardian - UK · Mar 1, 2024 UK interest rate cut ‘remains some way off’ says Bank of England chief economist – as it happened Huw Pill needs to see more compelling evidence that the underlying persistent component of UK CPI inflation is being squeezed
International Business Times · Feb 15, 2024 EU Cuts Eurozone Inflation, Growth Forecasts For 2024 The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024, as it warned geopolitical tensions spelled rising uncertainty for the single-currency area's economy.
Top News · Feb 8, 2024 ECB Adviser Wunsch Urges Patience before Rate Cut Decision ECB policymaker, Isabel Schnabel, suggests that the ECB should delay interest rate cuts and instead take a cautious approach before making any significant ...
Top News · Feb 7, 2024 ECB's Schnabel Urges Patience with Rate Cuts for Inflation In an interview with the Financial Times, Isabel Schnabel of the European Central Bank emphasizes the need for patience in implementing rate cuts to addres...
Top News · Jan 30, 2024 Euro stabilizes as Eurozone avoids recession, dollar eases before Fed The euro stabilizes amidst Europe's avoidance of recession, while the dollar weakens ahead of the Federal Reserve's decision, impacting global forex markets.
International Business Times · Jan 30, 2024 Eurozone Narrowly Dodges Recession The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in the final three months of the year, official data showed Tuesday.
International Business Times · Jan 25, 2024 ECB To Stand Pat And Urge Patience On Rate Cuts The European Central Bank is expected to stand pat Thursday and call for patience in the ongoing battle against inflation, pushing back against market hopes of rapid interest rate cuts.
Barchart · Jan 9, 2024 Dollar Climbs as U.S. Trade Deficit Unexpectedly Narrows The dollar index (DXY00 ) on Tuesday rose by +0.31%. The dollar moved higher Tuesday after U.S. trade news showed an unexpected narrowing of the U.S. Nov trade deficit. Also, weakness in stocks on Tuesday boosted liquidity demand for the dollar. The U.S. Nov trade deficit unexpectedly narrowed to -$63.2...
Top News · Dec 15, 2023 October Surplus Surges in Eurozone with Falling Imports In a thrilling twist of economic fate, the Euro zone has danced its way to surplus in October! Imports bow out, leaving the stage clear for a dramatic upturn.