myway1985

EU mid-market update: French PM announcement expected imminently as traders digest ECB decision and commentary; Political instability main focus for Europe. Notes/observations - European markets are up modestly as lack of major catalysts sees seasonality factors at play on run up to Christmas holida

EUR/USD was largely unchanged on yesterday's European Central Bank event risk despite President Christine Lagarde not sounding extremely dovish, with a slightly weaker euro only at the end of the trading session, ING’s FX analyst Chris Turner notes. 1.0450-1.0550 may prove the extremes of the short-

Summary The European Central Bank (ECB) lowered its Deposit Rate by 25 bps to 3.00% at today's monetary policy announcement, and the accompanying statement was noticeably dovish in tone. In particular, the ECB's medium-term forecasts for underlying inflation were slightly below the 2% target, and th

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Find out the detailed price volume analysis on S&P 500, Nasdaq 100, Dow Jones & Russell 2000, Gold & silver futures, Bitcoin, Crude oil futures, Dollar index. Watch the video from the WLGC session on 9 Dec 2024 to find out the following: Price volume analysis on the S&P 500, Nasdaq 1

OPEC+ has decided to delay any increase in oil production until April, extending the current reductions across its member countries. This move, aimed at stabilizing oil prices, may not achieve its intended effect. By constricting supply, OPEC+ risks losing market share to non-OPEC producers, particu

As we cap off the week, Asian markets tiptoe cautiously, mimicking the subdued pace of U.S. markets amidst anticipation for the November employment report, set to be unveiled after Asian markets wrap up. This key piece of data, released later today, might prompt investors across Asia to adjust their

On the radar Real wage growth in Czechia for 3Q24 was 4.6% y/y, in nominal terms 7% y/y. Today, Polish central bank holds a rate setting meeting and we expect no change in policy rate. Otherwise, there are no other releases scheduled. Economic developments Today, we continue to look at soft indicato

Federal Reserve (Fed) Bank of San Francisco President Mary Daly struck familiar chords on Tuesday, reiterating the stable outlook speechnotes that have become the bread and butter of Fed policymakers as of late. Key highlights The US economy is in a really good place. December rate cut is absolutely

On the radar 3Q24 GDP in Poland was confirmed at 2.7%. The structure came as a surprise with inventories driving the growth and rather muted private consumption and investment performance. In Slovenia, Retail Sales declined by -0.9% y/y in October. Unemployment rate in Hungary remained at 4.5% in Oc