The Latest Breaking News from eurozone

“The German economy is back where it was a year ago: the growth laggard of the eurozone with few signs of an imminent improvement.”

December S&P 500 E-Mini futures (ESZ24) are up +0.19%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.25% this morning as market participants looked ahead to speeches from Federal Reserve officials, earnings reports from several notable companies, and the release of the Fed’s favorite inflation gauge later in the…

ECB cuts benchmark interest rate to stimulate Eurozone economy and prevent deflation.

The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-percent target, but policymakers will likely stay tight-lipped on future moves.

The dollar index (DXY00 ) Friday climbed to a 1-1/2 week high and finished up by +0.37%. The dollar found support from Friday’s US personal spending and the core PCE reports, which dampened speculation the Fed will cut interest rates by 50 bp at next month’s FOMC meeting. The dollar...

Drop to lowest level since 2021 may lead to cut in September though unemployment figures give cause for concern

Eurozone inflation decline prompts potential rate cuts by ECB and Fed to stimulate growth and employment.

Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European Central Bank interest-rate cut.

The dollar index (DXY00 ) today is up by +0.50%. The dollar is moving higher today after bond yields rose on hawkish comments from Kansas City Fed President Schmid who said he wants to see more economic data before supporting any decision to begin cutting interest rates. The dollar remained...