Upside surprises in the final US GDP numbers and jobless claims make it difficult for markets to agree on upcoming Fed cuts.
A benign 0.2% MoM core PCE print today could be enough for the dollar to start giving back some of this week’s gains, which in our calculations are a ...
A tame inflation reading could strengthen the case for interest rate cuts and would further support the precious metals complex. Gold has gained almost 43% so far this year, supported by a weaker ...
LME copper surged 3.6% yesterday to settle above $10,336/t (the highest since May 2024), after Freeport-McMoRan declared ...
But overall, the market remains surprisingly steady – for instance, the pricing of the European Central Bank. The market is ...
The Swiss central bank looks unlikely to take rates negative again, but could try tweaking the charge on excess reserves ...
The Swiss National Bank kept its policy rate unchanged at 0%, as inflation remains very low and economic risks mount ...
After a long series of partially inexplicable rising optimism, the Ifo index – Germany’s most prominent leading indicator – ...
Annual growth rates of lending to households and non-financial corporates ticked up, which indicates that the economy continues to experience moderate support.
Fed Chair Jerome Powell broadly reiterated his cautious view yesterday, signalling there is some balance between downside ...
But, given that growth in the States is pretty good and unemployment is low, you could be forgiven for questioning the central bank's motives. ING's James Knightley, though, says the Fed is sensing ...
Service sector business activity picked up significantly, keeping the PMI at a level associated with modest growth ...