ECB left the “very accommodative monetary policy stance” unchanged as widely expected. Main refinancing rate was held at 0.00%, marginal lending rate a and...
The larger-than-expected decline in initial jobless claims last week is a welcome development, but at 900K, new filings remain elevated. Another negative print for...
As my colleague Fiona Cincotta anticipated yesterday, the European Central Bank made no changes to monetary policy, determining that no additional stimulus was warranted...
USDCHF has poked back underneath the 200- and 100-period simple moving averages (SMAs) at 0.8866 and 0.8857. Its recent attempts to decisively surpass the...
In the post meeting press conference, ECB President Christine Lagarde said “the roll-out of vaccines, which started in late December, allows for greater confidence...
Japan’s 225 stock index barely surpassed the 2019 support-turned-resistance level of 19,239 as the blue Kijun-sen line stood tall. Nevertheless, it managed to close...
According to analysts at TD Securities, crude markets are at a crossroads with ongoing demand worries clashing with the currently supportive supply side dynamics.
Key...
Cryptocurrencies have enjoyed a massive comeback early on Sunday, recovering most losses. The cleanup seen ahead of the weekend may be over, and it is time to look up to higher levels. Here are the levels...
US dollar rallies as US yield curve steepens The release of the Pfizer BioNTech news saw markets immediately price out further sizeable fiscal stimulus...
Dollar recovers mildly in relatively quiet markets today while Aussie and Euro turn softer. But major pairs and crosses are generally keep well inside...
Defensive sectors continue to underperform amid upbeat mood.
Financial shares gain traction on the back of rising T-bond yields.
After reaching fresh record highs on Monday, Wall...
US Q1 GDP Overview Thursday's US economic docket highlights the release of revised US Q1 GDP growth figures, scheduled to be published at 12:30 GMT....
BoE Governor Andrew Bailey said the policymakers are seeing “activity return” and “we are beginning to see this recovery”. In particular, housing markets and new...
The euro is starting to retrace lower against the US dollar after finding strong technical resistance from just above the 1.1350 level. The EURUSD could...
