The Latest Breaking News from ECB

The dollar index (DXY00 ) today is down by -0.08%. The dollar is slightly lower today as strength in the yen sparked long liquidation in the dollar. Losses in the dollar are limited by higher T-note yields and weakness in stocks, which boosts liquidity demand for the dollar. The dollar...

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.47%. Stocks today are mildly lower, pressured by higher bond yields. The...

France's public debt is very much in the spotlight. The country's recently appointed prime minister, Michel Barnier, calls it a "sword of Damocles" hanging over future generations. Indeed, for many countries, paying interest on the national debt deprives them of investing in education, healthcare, research and so on. Similar debates…

The dollar index (DXY00 ) today is up by +0.45% at a 7-week high. The dollar has rallied every day this week as stronger-than-expected US economic news has reduced the chances for a 50 bp Fed rate cut at next month’s FOMC meeting. Today’s US Sep payroll report added to...

The dollar index (DXY00 ) Thursday rose by +0.26% to a 6-week high. The dollar remains underpinned as heightened Middle East tensions are boosting safe-haven demand for the dollar. Also, higher T-note yields Thursday strengthened the dollar’s interest rate differentials. In addition, weakness in the yen supports the dollar as...

The dollar index (DXY00 ) today is up by +0.25% at a 6-week high. The dollar remains underpinned as heightened Middle East tensions are boosting safe-haven demand for the dollar. Also, higher T-note yields today have strengthened the dollar’s interest rate differentials. In addition, weakness in the yen supports the...

The dollar index (DXY00 ) Wednesday rose by +0.48% and posted a 2-1/2 week high. The dollar rose on safe-haven support from escalating Middle East tensions. Gains in the dollar accelerated after bond yields jumped on the stronger-than-expected US Sep ADP employment report, a hawkish factor for Fed policy. Also,...

The dollar index (DXY00 ) today is up by +0.32% and posted a 2-1/2 week high. The dollar is climbing today on safe-haven support from escalating Middle East tensions. Gains in the dollar accelerated today after bond yields jumped on the stronger-than-expected US Sep ADP employment report, a hawkish factor...

Middlesex’s future at Lord’s is in doubt with the club having failed to secure a long-term extension of a tenancy agreement with the MCC that expires this year.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down by -0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.43%. Stocks on Tuesday posted moderate losses, with the S&P 500 and...

The dollar index (DXY00 ) Tuesday rose by +0.40% and posted a 1-1/2 week high. Escalating Middle East tensions boosted safe-haven demand for the dollar Tuesday after Iran launched a missile attack against Israel. The dollar also has carryover support from Monday when Fed Chair Powell said the FOMC is...