The Latest Breaking News from ECB

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. Stock indexes this morning recovered from overnight losses and are mixed. Stocks are...

European Central Bank maintains record high policy rates amidst pandemic concerns, signaling potential rate cuts for economic support.

June S&P 500 E-Mini futures (ESM24) are down -0.36%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.30% this morning, signaling further losses on Wall Street after hotter-than-expected U.S. inflation data diminished hopes of early interest rate cuts by the Federal Reserve, while investors awaited crucial U.S. producer inflation…

June S&P 500 E-Mini futures (ESM24) are down -0.24%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.18% this morning as investors braced for crucial U.S. producer inflation data due later in the day while also awaiting a policy verdict from the European Central Bank.

European Central Bank says rate cuts would be appropriate if inflation keeps falling, as BoE policymaker Megan Greene argues UK rate cuts are a way off

The European Central Bank is expected to freeze its key interest rate at a record high again Thursday but pave the way for a first cut in June as inflation eases.

The dollar index (DXY00 ) on Wednesday rallied by +1.04% and posted a 4-3/4 month high. The dollar raced higher Wednesday after the US March CPI report came in stronger than expected, boosting T-note yields and dampening the outlook for Fed rate cuts. Wednesday’s slump in stocks also boosted some...

The dollar index (DXY00 ) this morning jumped to a 4-3/4 month high and is up +0.86%. The dollar raced higher today after the US March CPI report came in stronger than expected, boosting T-note yields and dampening the outlook for Fed rate cuts. Today’s slump in stocks has also...

The dollar index (DXY00 ) on Tuesday recovered from a 2-1/2 week low and ended slightly higher. Short covering in the dollar emerged Tuesday after stocks retreated, which sparked some liquidity demand for the dollar. The dollar on Tuesday initially moved lower due to a decline in T-note yields. The...

The dollar index (DXY00 ) this morning is down by -0.21% at a 2-1/2 week low. Strength in stocks today has curbed liquidity demand for the dollar. The dollar is also under pressure today from position squaring ahead of Wednesday’s US consumer price report for March. In addition, lower T-note...

This morning stock indexes are slightly higher as market participants looked ahead to the release of U.S. inflation data and the minutes of the Federal Reserve’s latest policy meeting while also bracing for the start of earnings season.