December Dips Euro Zone's Business Activity Further In the fascinating rhapsody of the economic symphony, the tempo weakened as Eurozone's business activity subtly missed the beat, slipping further in December. Top News · Dec 15, 2023
Falling Inflation Shifts Focus To When ECB Could Cut Rates With inflation dropping faster than expected and the economic outlook darkening, markets will be looking for clues about when eurozone borrowing costs might start to come down as rate-setters meet this week. International Business Times · Dec 11, 2023
Stock Index Futures Slip Ahead of U.S. JOLTs Report, China Credit Outlook Downgrade Weighs December S&P 500 futures (ESZ23) are down -0.34%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.51% this morning as investors weighed concerns over China’s debt burden and looked ahead to the latest reading on U.S. job openings as well as U.S. business activity data. Barchart · Dec 5, 2023
Stocks Rise Before the Open as Key U.S. Inflation Data Looms December S&P 500 futures (ESZ23) are up +0.21%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.23% this morning as market participants looked ahead to a reading on the Federal Reserve’s preferred inflation metric. Barchart · Nov 30, 2023
Eurozone Inflation Falls To More Than Two-year Low The annual rate of inflation in the eurozone fell to a more than two-year low in November, the EU's official statistics agency said Thursday. International Business Times · Nov 30, 2023
Stocks Move Higher Before the Open as Key U.S. Inflation Data Looms December S&P 500 futures (ESZ23) are up +0.21%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.23% this morning as market participants looked ahead to a reading on the Federal Reserve’s preferred inflation metric. Barchart · Nov 30, 2023
Starmer, Brown, Sunak and Hunt lead tributes to former chancellor Alistair Darling – as it happened Alistair Darling was ‘one of the great chancellors’, says Jeremy Hunt, while Gordon Brown remembers ‘a statesman of unimpeachable integrity’ The Guardian - UK · Nov 30, 2023
Inflation has affected the UK, US and Europe differently – here's what this means for interest rates The Bank of England’s governor has repeatedly warned that it will not cut UK interest rates any time soon, even with a recent sharp fall in consumer price inflation. The Conversation · Nov 29, 2023
Eurozone banks starting to show ‘stress’ as loan defaults rise, ECB warns Rising interest rates have boosted profitability but are likely to limit demand and increase risk of bad debts, says central bank The Guardian - UK · Nov 22, 2023
Markets Today: Stocks Extend Tuesday’s Gains on a Soft U.S. Oct PPI Report Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.23% at a 2-month high, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.42% at a 3-3/4 month high. Stock index futures are moderately higher this morning, adding to Tuesday’s gains on signs that price pressures eased... Barchart · Nov 15, 2023
Dollar Posts Modest Gains on Weakness in Stocks and the Yen The dollar index (DXY00 ) Wednesday rose by +0.05%. The dollar on Wednesday posted modest gains on weakness in stocks and the yen. Weakness in stocks on Wednesday prompted some liquidity demand for the dollar. Also, the yen slid against the dollar due to weakness in Japanese government bond yields.... Barchart · Nov 8, 2023
Stocks Slightly Lower on Mixed Corporate News What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.17%. Stocks this morning are slightly lower. The broader market... Barchart · Nov 8, 2023
Dollar Strengthens as Yen Tumbles after Dovish BOJ Outcome The dollar index (DXY00 ) Tuesday rose by +0.50%. Weakness in the yen supported the dollar as the yen Tuesday tumbled to a 1-year low against the dollar after the BOJ maintained record low-interest rates and reaffirmed its bond-buying program. Also, weaker-than-expected Eurozone economic news weighed on the euro to... Barchart · Oct 31, 2023
Stocks Rally Off Morning Lows What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.37%. Stock indexes this afternoon are higher despite uneven corporate... Barchart · Oct 31, 2023
The Guardian - UK · Oct 31, 2023 Eurozone economy shrinks by 0.1%, putting it at brink of recession Ireland posts biggest decline, while Germany contracts by 0.1% and France grows by 0.1%
The Guardian - UK · Oct 31, 2023 Eurozone on brink of recession as economy shrinks by 0.1%; Odey Asset Management winding down – as it happened Eurozone growth has weakened, as price pressures drop, as high interest rates and weak demand hit Europe’s economy
The Guardian - UK · Oct 26, 2023 ECB keeps interest rates steady amid eurozone recession fears Widely expected decision by European Central Bank follows 10 consecutive rises in borrowing costs
Barchart · Oct 24, 2023 Dollar Climbs on Strong U.S. Manufacturing News The dollar index (DXY00 ) on Tuesday rose by +0.70%. The dollar on Tuesday recovered from a 1-month low and posted moderate gains after stronger-than-expected U.S. manufacturing news pushed T-note yields higher. Also, weakness in EUR/USD supported the dollar on dovish comments from ECB President Lagarde and weaker-than-expected Eurozone economic...
The Guardian - UK · Sep 26, 2023 UK economy ‘will shrink for two years as eurozone and US grow’ Thinktank chief and former Bank MPC member gloomy about stubborn inflation and labour shortages
The Guardian - UK · Sep 14, 2023 ECB raises interest rates to highest level since euro launched Central bank’s president hints this may be the peak for rates in drive to bring down stubborn inflation
Barchart · Sep 13, 2023 Strength in the U.S. CPI Report Boosts the Dollar The dollar index (DXY00 ) Wednesday rose by +0.08%. The dollar on Wednesday garnered support from the stronger-than-expected U.S. Aug CPI report, which is hawkish for Fed policy. Weakness in stocks on Wednesday also boosted the liquidity demand for the dollar. Gains in the dollar were limited by lower T-note...
Barchart · Sep 13, 2023 Markets Today: Stock Index Futures Slip as Mixed U.S. CPI Report Keeps Fed Rate Hikes in Play Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.06%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.14%. Stock index futures this morning are moderately lower on a mixed U.S. CPI report. U.S. consumer prices in August increased to +3.7% y/y from +3.2%...
The Guardian - UK · Sep 11, 2023 German economy ‘will shrink this year as part of eurozone slowdown’ European Commission forecasts 0.4% contraction for country amid high inflation
Barchart · Sep 6, 2023 Markets Today: Stocks Slip as Weak Eurozone Economic News Fuels Growth Concerns Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.31% at a 1-week low, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.36%. Stock indexes this morning are moderately lower on negative carryover from a fall in the Euro Stoxx 50 to a 1-1/2...
The Guardian - UK · Sep 5, 2023 Global economic fears deepen as service sector dips in China and Europe Fresh signs of weakness in Chinese economy and weak UK and eurozone data spook investors