Topic: Market Insights
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Markets brace for EZ & US inflation prints today
US recession postponed, yields surge. Pound falters after UK data, and the euro softens before EZ inflation.
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Greenback dominates as data stays strong; PCE due
Australian dollar bounces back after two-week period of heavy selling.
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Dollar rides resilient U.S. economy higher
Euro supported by hotter German inflation, sterling subdued by UK growth concerns, and the Loonie retreats from 9-month high.
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Top central banks set to hike rates further
GBP suffers biggest daily drop in over a month, Powell limits ECB’s influence over the Euro, and the US economy just doesn’t slow down.
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Global central bankers converge on Sintra, Portugal
Euro loses steam, sterling falls to 2-week low, and the Loonie retreats from 9-month high.