Inflation clearly was the key topic at the ECB forum this week, and will remain in focus in July, as now the key…
Forex Market
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USD declined (USDIndex 104.38), Equities finished much the way they began the year. Equities extended lower, led by tech, though declines were broadbased amid growth worries. –…
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Yields extended slightly lower on the heels of data that came in a little below expectations, including tepid consumption and below consensus deflators.…
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The US Dollar closed higher yesterday, while the Euro held below 1.0500, because Christine Lagarde did not give a new discourse regarding the…
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USD recovers (USDIndex 104.96), Stocks drop but in Asia markets mostly added to yesterday’s losses, despite China bourses outperforming after data signaled signs…
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The Australian Dollar has benefited from higher global equity markets and higher prices for industrial commodities, especially copper and iron ore, after China…
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The Market Week – June Week 4 This week the markets have seen inflation angst, tightening in central bank policies, recession concerns, and…
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USD recovers (USDIndex 104.60) after stumble on auction data, Stocks down as weaker than expected confidence data, a plunge in the Richmond Fed…
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ECB President Christine Lagarde’s speech today at the ECB Forum was largely a rehash of what she communicated at the ECB press conference…
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USD underpressure (USDIndex 103.40), Stocks mixed overnight, but up currently into EU open. Yields were sunk by two poor note auctions after an…