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European Midday Briefing: Stocks Buoyed by Fed Rate Cut Hopes; More U.S. Data on Tap
Morningstar· 10 hours agoAttention turned to U.S. ADP private payrolls data due at 1215 GMT, where equities will likely react positively to a figure that doesn't look too weak as this could fuel recession ...
Dollar rebounds ahead of PCE release; euro slips after German retail sales
StreetInsider· 5 days agoThe U.S. dollar rose slightly in early European trade Friday, rebounding after the previous session’s losses ahead of the key inflation data, which could drive future interest rate expectations ...
BoC & ECB possible rate cuts, NFP to close the week
The Forex Market· 2 days agoThe ECB and the BoC are widely expected to cut interest rates. A long buildup to Nonfarm Payrolls includes the JOLTs report, which could steal the show....
Greater U.S. Treasury Supply Seen as a Medium-Term Risk
The Wall Street Journal· 5 days agoTreasurys should maintain their status as a global risk-free asset in the near to medium term, but...
JGB 10-Year Yield May Top 1.1% by Year-End, UBS Says
The Wall Street Journal· 1 day agoThe Bank of Japan is likely to deliver an additional rate hike in July, along with modifications to its JGB purchases, UBS Global Wealth Management said,...
European stock mixed ahead of key inflation data release
Investing.com· 6 days agoEuropean stock markets traded in a mixed fashion in tight ranges, as investors awaited key inflation...
The WSJ Dollar Index Flat at 99.07
The Wall Street Journal· 22 hours agoNEWSPLUS The WSJ Dollar Index is up 0.04 point or 0.04% today to 99.07 —Largest one-day point and percentage gain since Wednesday, May 29, 2024 —Snaps a...
EMEA Morning Briefing: Shares Set to Gain Ahead of ECB Decision
Morningstar· 16 hours agoMARKET WRAPS Watch For: Services PMI data for eurozone, Germany, France, Italy, UK; EU PPI; France industrial production index; trading updates from Inditex, B&M European ...
Stock markets mixed as US inflation unchanged
AFP via Yahoo Finance· 5 days agoStock markets were mixed Friday as investors digested fresh US and eurozone inflation data that could set the tone for interest rate moves by central...
Euro Falls as Dollar Recovers
The Wall Street Journal· 2 days agoThe euro weakened against the dollar as the U.S. currency recovered from Monday’s slump prompted by weak ISM manufacturing data.
