UK flatlining economy will grow slower and suffer higher inflation than eurozone in 2023, leading economists Government accused of leaving Britain ‘stuck in the slow lane’ Evening Standard · Sep 19, 2023
Dollar Rallies on U.S. Economic Strength and Euro Weakness The dollar index (DXY00 ) Thursday rose by +0.59% and posted a 6-month high. The dollar on Thursday moved higher on better-than-expected U.S. economic reports. Also, weakness in EUR/USD benefited the dollar after the ECB Thursday signaled it would pause its rate hike cycle, which knocked the euro down to... Barchart · Sep 14, 2023
Sluggish eurozone economies will not welcome ECB’s interest rate rise Weak consumer spending as, people – especially in Germany, the EU’s largest economy – put more into savings The Guardian - UK · Sep 14, 2023
Stocks Rally on Improved Soft-Landing Prospects What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stock indexes this morning are moderately higher, with the... Barchart · Sep 14, 2023
Will the ECB Raise Interest Rates on Thursday? The European Central Bank (ECB) began its 2-day policy meeting today and will announce its interest rate decision on Thursday. Market expectations have swung in recent weeks from nearly no chance for a 25 bp rate hike on Thursday to a better than 50-50 chance of a rate hike, highlighting... Barchart · Sep 13, 2023
Stocks Slightly Higher after Mixed U.S. CPI Report What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. Stock indexes this morning are slightly higher. Stocks are... Barchart · Sep 13, 2023
UK house prices tumble 4.6% in year to August; pound at lowest since June – as it happened UK house prices are falling at fastest pace since 2009 on annual basis, reports Halifax, down in every region The Guardian - UK · Sep 7, 2023
Dollar Climbs on Weak Stocks and Higher Bond Yields The dollar index (DXY00 ) Tuesday rose +0.54% and posted a 5-1/2 month high. Weakness in stocks Tuesday boosted liquidity demand for the dollar. Also, higher T-note yields Tuesday strengthened the dollar’s interest rate differentials. In addition, weaker-than-expected economic news Tuesday from China and the Eurozone have boosted the relative... Barchart · Sep 5, 2023
Will the ECB Pause its Rate-Hike Cycle Next Week? European Central Bank (ECB) President Lagarde did not indicate what the ECB would do at next Thursday’s policy meeting when she spoke Monday at a seminar organized by the European Economic and Financial Centre. Recent economic news is showing a slowdown in Eurozone economic activity, while price pressures have eased... Barchart · Sep 5, 2023
Markets Today: Stocks Weighed Down by Disappointing Chinese and European Economic News Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.25%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.43%. Stock indexes this morning are moderately lower as weaker-than-expected economic news from China and the Eurozone sparked a risk-off sentiment in asset markets. China’s service... Barchart · Sep 5, 2023
S&P Futures Tick Higher Ahead of Key U.S. Inflation Data September S&P 500 futures (ESU23) are trending up +0.06% this morning as market participants looked ahead to a reading on the Federal Reserve’s preferred inflation gauge. Barchart · Aug 31, 2023
Bank of England must ‘see job through’ on cost of living; eurozone inflation higher than expected – as it happened Live, rolling coverage of business, economics and financial markets as easing of chip shortage boosts British car manufacturing by a third The Guardian - UK · Aug 31, 2023
Is Germany’s great economy sinking into ‘slowcession’? Key data this week will offer a hint as to whether the eurozone’s powerhouse can shake off recent stagnation The Guardian - UK · Aug 5, 2023
Stock Index Futures Slip on Pressure from Rising Bond Yields, Apple and Amazon Earnings on Tap September S&P 500 futures (ESU23) are down -0.26%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.35% this morning as U.S. bond yields hit 9-month peaks, while market participants looked ahead to earnings reports from U.S. tech mega-caps Apple and Amazon. Barchart · Aug 3, 2023
Barchart · Jul 31, 2023 Markets Today: Stocks Push Higher on Strength in China and Europe Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.17%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.18% at a 1-week high. Stock indexes this morning are moderately higher amid another busy week of earnings results, with Apple and Amazon.com among those reporting...
Barchart · Jul 31, 2023 Stocks Set to Open Higher as Investors Await U.S. Payrolls Data and More Big Tech Earnings September S&P 500 futures (ESU23) are up +0.11%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.09% this morning as market participants geared up for more corporate earnings results while also looking ahead to Friday’s nonfarm payrolls report.
Barchart · Jul 31, 2023 Stocks Set to Open Mixed as Investors Await U.S. Payrolls Data and More Big Tech Earnings September S&P 500 futures (ESU23) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.03% this morning as market participants geared up for more corporate earnings results while also looking ahead to Friday’s nonfarm payrolls report.
Barchart · Jul 31, 2023 Stocks Set to Open Slightly Higher as Investors Await U.S. Payrolls Data and More Big Tech Earnings September S&P 500 futures (ESU23) are up +0.07%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.03% this morning as market participants geared up for more corporate earnings results while also looking ahead to Friday’s nonfarm payrolls report.
Evening Standard · Jul 27, 2023 ECB raises interest rates again, with traders divided on if it’s last hike It was the ninth consecutive rate increase for the central bank for the Eurozone as it attempts to bring inflation back under control
The Independent UK · Jul 27, 2023 Europe's central bank is set to pile on another rate increase. Is it the last in a record series? The European Central Bank is set to raise interest rates again Thursday
Barchart · Jul 24, 2023 Dollar Gains as the Euro Falls on Weak Eurozone PMI Reports The dollar index (DXY00 ) Monday rose by +0.32% and posted a 1-1/2 week high. Weakness in the euro Monday boosted the dollar after monthly Eurozone PMI reports missed expectations and hinted at a worsening slowdown in the Eurozone. The dollar extended its gains on Monday’s stronger-than-expected U.S. July S&P...
Barchart · Jul 24, 2023 Stocks Set to Open Higher as Investors Await Fed Meeting, Big Tech Earnings September S&P 500 futures (ESU23) are up +0.24%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.32% this morning as investors looked ahead to the Federal Reserve’s interest rate decision while also gearing up for earnings results from some of the biggest tech heavyweights.
Barchart · Jul 24, 2023 Stocks Set to Open Higher as Investors Await Key U.S. Inflation Data, Fed Meeting September S&P 500 futures (ESU23) are up +0.24%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.32% this morning as investors looked ahead to the Federal Reserve’s interest rate decision while also bracing for the release of the Fed’s favorite inflation gauge.
Irish Mirror · Jul 13, 2023 Irish mortgage rates skyrocket to highest level in six years but it's not all bad news The average mortgage rate in the Eurozone is 3.70% which is almost three times higher than what it was two years ago.
Dublin Live · Jul 13, 2023 Mortgage rates at highest since 2017, Central Bank of Ireland data shows The average mortgage rate in the Eurozone is 3.70 per cent which is almost three times higher than what it was two years ago