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EUR Up on Inflation Beat Despite Draghi Warning

EUR Up on Inflation Beat Despite Draghi Warning

US futures are pointing to a slightly higher open on Friday as we await economic data and earnings for the first quarter. It’s already been a lively start to trading in Europe where we got some surprising numbers from the UK and the euro area. Euro tests highs as inflation accelerates in April The euro […]

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Dollar in Trouble Ahead of May Day

April 28: Five things the markets are talking about Global equities are on the back foot; trimming their sixth consecutive monthly gain, as geopolitical worries intensifies ahead of today’s U.S GDP report for Q1 (08:30 am). U.S data is projected to show the domestic economy expanded at a +1.0% annualized rate in Q1, the weakest […]

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DAX Yawns as Eurozone CPI Beats Estimate, US GDP Next

After starting the week with strong gains, the DAX has shown little movement. The index is trading at 12,446.25 in the Friday session. In the eurozone, German Retail Sales dropped to 0.1%, matching the estimate. There was positive news on the inflation front, as Eurozone CPI Flash Estimate improved to 1.9%, above the estimate of […]

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Britannia Rules the Nay’s

Britannia Rules the Nay’s

The end of the month is turning into a tough one for GBP naysayers as cable sales higher. Meanwhile, Draghi drags Euro lower, and Trump threatens to terminate, again.  Month end flows should always be taken with a grain of salt, as institutions rebalance international portfolios or do last minute hedging etc. These execute at […]

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Britannia Rules the Nay’s

Britannia Rules the Nay’s

The end of the month is turning into a tough one for GBP naysayers as cable sales higher. Meanwhile, Draghi drags Euro lower, and Trump threatens to terminate, again.  Month end flows should always be taken with a grain of salt, as institutions rebalance international portfolios or do last minute hedging etc. These execute at […]

READ MORE 

Britannia Rules the Nay’s

Britannia Rules the Nay’s

The end of the month is turning into a tough one for GBP naysayers as cable sales higher. Meanwhile, Draghi drags Euro lower, and Trump threatens to terminate, again.  Month end flows should always be taken with a grain of salt, as institutions rebalance international portfolios or do last minute hedging etc. These execute at […]

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Trump Downplays Severity of Government Shutdown

Trump Downplays Severity of Government Shutdown

President Donald Trump downplayed the severity of a potential government shutdown on Thursday, just two days shy of a deadline for Congress to reach a spending deal to avert temporary layoffs of federal workers. “We’ll see what happens. If there’s a shutdown, there’s a shutdown,” Trump told Reuters in an interview, adding that Democrats would […]

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