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While fears of an immediate US recession have not been confirmed, the latest GDP report points towards a shrinking economy. GDP contracted by 0.9%, the second-straight quarter of decline, while inflation...
Pound Sterling Fundamental Forecast: BearishEncouraging UK Jobs data could solidify a 25 basis point hike form the BoE next week The ECB’s rather hawkish revelations of potential 50 bps September hike could weigh...
GDP +5.4% vs +5.1% y/y second estimateThe upwards revision may look positive at first glance but the details are less rosy. The better-than-estimated growth in Q1 was largely driven by a rise in...
RUSSIA-UKRAINE WAR, CPI DATA, GDP DATA, EUR/USD - TALKING POINTS:EUR/USD volatility may swell from cascade of key Eurozone and US dataRussia-Ukraine war continues to roil markets, strain international relationsEUR/USD technical outlook bearish as...
The is having a good month. Against the and , it is appreciating for the fourth consecutive month. Rising rates continue to appear to be the main driver. The divergence of...