The Latest Breaking News from eurozone

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.26%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.22%. Stock index futures this morning are edging higher ahead of the conclusion of the 2-day FOMC meeting and comments from Fed Chair Powell later this afternoon....

Government accused of leaving Britain ‘stuck in the slow lane’

The dollar index (DXY00 ) Thursday rose by +0.59% and posted a 6-month high. The dollar on Thursday moved higher on better-than-expected U.S. economic reports. Also, weakness in EUR/USD benefited the dollar after the ECB Thursday signaled it would pause its rate hike cycle, which knocked the euro down to...

Weak consumer spending as, people – especially in Germany, the EU’s largest economy – put more into savings

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stock indexes this morning are moderately higher, with the...

The European Central Bank (ECB) began its 2-day policy meeting today and will announce its interest rate decision on Thursday. Market expectations have swung in recent weeks from nearly no chance for a 25 bp rate hike on Thursday to a better than 50-50 chance of a rate hike, highlighting...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. Stock indexes this morning are slightly higher. Stocks are...

UK house prices are falling at fastest pace since 2009 on annual basis, reports Halifax, down in every region

The dollar index (DXY00 ) Tuesday rose +0.54% and posted a 5-1/2 month high. Weakness in stocks Tuesday boosted liquidity demand for the dollar. Also, higher T-note yields Tuesday strengthened the dollar’s interest rate differentials. In addition, weaker-than-expected economic news Tuesday from China and the Eurozone have boosted the relative...

European Central Bank (ECB) President Lagarde did not indicate what the ECB would do at next Thursday’s policy meeting when she spoke Monday at a seminar organized by the European Economic and Financial Centre. Recent economic news is showing a slowdown in Eurozone economic activity, while price pressures have eased...

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.25%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.43%. Stock indexes this morning are moderately lower as weaker-than-expected economic news from China and the Eurozone sparked a risk-off sentiment in asset markets. China’s service...