ECB Faces Timing Dilemma: Five Key Questions The European Central Bank faces crucial decisions on monetary policy, interest rates, COVID-19 impact, and green transition to ensure economic stability in... Top News · Mar 4, 2024
ECB To Hold Rates Again, Awaiting Clearer Signs On Inflation The European Central Bank is expected to freeze interest rates again this week, with officials wary of starting to cut before they see more evidence that recent falls in inflation will be sustained. International Business Times · Mar 4, 2024
Dollar Edges Lower and Gold Soars on Weak U.S. Economic News The dollar index (DXY00 ) on Friday fell by -0.25%. The dollar retreated from a 1-1/2 week high Friday and posted moderate losses on weaker-than-expected U.S. economic news on Feb ISM manufacturing, Jan construction spending, and the University of Michigan U.S. Feb consumer sentiment. A decline in T-note yields Friday... Barchart · Mar 1, 2024
Eurozone Inflation Dips Further In February Eurozone inflation continued to ease in February, data showed Friday, but economists warned it was unlikely to push the European Central Bank to cut interest rates next month. International Business Times · Mar 1, 2024
Dollar Slips and Gold Rises on Weaker-Than-Expected U.S. Economic News The dollar index (DXY00 ) this morning is down by -0.10%. The dollar fell from a 1-1/2 week high today and turned lower on weaker-than-expected U.S. economic news on Feb ISM manufacturing, Jan construction spending, and the University of Michigan U.S. Feb consumer sentiment. A decline in T-note yields today... Barchart · Mar 1, 2024
Dollar Recovers as Hawkish Fed Pushes Back Rate Cut Expectations The dollar index (DXY00 ) on Thursday rose by +0.16%. On Thursday, the dollar recovered from early losses and moved higher as hawkish comments from San Francisco Fed President Daly and Atlanta Fed President Bostic pushed back the chances of Fed rate cuts until later this year. The dollar initially... Barchart · Feb 29, 2024
Euro Zone Inflation Dips, Core Prices Worry ECB Eurozone inflation trends impact ECB's monetary policy decisions. Core prices remain high. Top News · Feb 29, 2024
Dollar Falls with Bond Yields on Fed-Friendly U.S. Economic News The dollar index (DXY00 ) this morning is down -0.28%. An easing of U.S. price pressures that is dovish for Fed policy is weighing on the dollar today after the Jan core PCE deflator rose at the slowest pace in 2-3/4 years. Losses in the dollar accelerated after the Jan... Barchart · Feb 29, 2024
ECB To Maintain Market Rate Floor With Focus On Demand The European Central Bank maintains market rate floor and monitors demand to support economy and stability. Top News · Feb 29, 2024
Stocks Finish Lower Ahead of Thursday’s Core PCE Deflator Report The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.061%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.54%. Stock indexes on Wednesday posted moderate losses. Long liquidation pressure from recent record... Barchart · Feb 28, 2024
Dollar Ends Higher as Stocks Retreat The dollar index (DXY00 ) on Wednesday rose by +0.13% and posted a 1-week high. Weakness in stocks on Wednesday has boosted liquidity demand for the dollar. Also, hawkish comments Wednesday from Fed Presidents Williams, Bostic, and Collins undercut precious metals when they said they favored waiting before cutting interest... Barchart · Feb 28, 2024
ECB Urged To Maintain Current Policy Until Wage Data Improves Experts recommend ECB to wait for more wage data before changing monetary policy for stability in Eurozone. Top News · Feb 28, 2024
Stocks Decline Ahead of Thursday’s Key Inflation Report The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.49%. Stock indexes this morning are moderately lower. Long liquidation pressure from recent record... Barchart · Feb 28, 2024
Dollar Climbs on Weakness in Stocks The dollar index (DXY00 ) this morning is up by +0.18% at a 1-week high. Weakness in stocks today has boosted liquidity demand for the dollar. Today’s revised U.S. Q4 GDP report was mixed for the dollar after Q4 GDP was revised lower, but Q4 personal consumption and the Q4... Barchart · Feb 28, 2024
Barchart · Feb 26, 2024 Stocks Fade Ahead of This Week’s Economic Reports The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.02%. On Monday, stock indexes gave up early gains and closed lower as they...
Barchart · Feb 26, 2024 Dollar Weakens as Hawkish ECB Comments Boost the Euro The dollar index (DXY00 ) on Monday fell by -0.11%. The dollar was undercut by strength in the euro, which rose on hawkish ECB comments. Also, Monday’s weaker-than-expected U.S. Jan new home sales report weighed on the dollar. Higher T-note yields Monday limited declines in the dollar. U.S. Jan new...
Barchart · Feb 26, 2024 Stocks Mixed as Investors Await Fresh Economic News The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.28%. Stock indexes this morning are mixed as they consolidate below last week’s record...
Barchart · Feb 26, 2024 Dollar Slips on Euro Strength The dollar index (DXY00 ) this morning is down by -0.11%. The dollar is under pressure this morning on strength in the euro, which rose on hawkish ECB comments. Also, today’s weaker-than-expected U.S. Jan new home sales report weighed on the dollar. U.S. Jan new home sales rose +1.5% to...
Barchart · Feb 23, 2024 Stocks Settle Mixed as Tech Stock Rally Loses Steam The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.37%. Stock indexes on Friday settled mixed. The S&P 500, Dow Jones Industrials, and Nasdaq...
Barchart · Feb 23, 2024 Dollar Wavers on Lower Bond Yields and Strength in Stocks The dollar index (DXY00 ) on Friday finished little changed, down by -0.01%. Friday’s rally in the S&P 500 to a new record high curbed liquidity demand for the dollar. Also, lower T-note yields on Friday undercut the dollar. Comments from New York Fed President Williams were negative for the...
Barchart · Feb 23, 2024 Stock Indexes Mixed as Profit-Taking Weighs on Tech Stocks The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. Stock indexes this morning are mixed. The S&P 500, Dow Jones Industrials, and...
Barchart · Feb 23, 2024 Record High Stocks Weigh on the Dollar The dollar index (DXY00 ) this morning is slightly lower but remains above Thursday’s 3-week low. The dollar is under pressure today from the rally in the S&P 500 to a new record high, which has curbed liquidity demand for the dollar. Lower T-note yields today are also undercutting the...
International Business Times · Feb 23, 2024 'Emperor's New Clothes': European Central Bank Compares Spot BTC ETFs Approval To Deception Folktale Despite the SEC's recent approval of 11 spot Bitcoin ETF's the European Central Bank is unconvinced that Bitcoin has lived up to its promises.
Barchart · Feb 22, 2024 Dollar Slips as the S&P 500 Rallies to a Record High The dollar index (DXY00 ) on Thursday fell to a 2-1/2 week low and finished down -0.04%. Thursday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar. Losses in the dollar were limited by signs of strength in the U.S. economy after weekly...
Top News · Feb 22, 2024 ECB Reports Record 2023 Loss Due To Rate Hikes The ECB's record loss in 2023 due to rate hikes underscores challenges in monetary policy and financial stability.