Tag Archives: currencies

European markets inched up on Thursday morning, supported by gains in cyclical sectors, as investors awaited key monetary policy decisions from the European Central Bank (ECB) and the Swiss National Bank (SNB). The STOXX 600 index, a benchmark for European equities, rose 0.1% as of 0814 GMT, extending its rally …

The U.S. dollar advanced on Wednesday, bolstered by market anticipation ahead of the November consumer inflation report. The greenback’s strength weighed on the euro, sterling, and Chinese yuan, with broader implications for global currency markets. Key Developments Dollar Index Rises At 05:15 ET (10:15 GMT), the Dollar Index climbed 0.3% …

European markets made a recovery in November after initial selloffs following the US elections. However, with the exception of Momentum, factor performance remained subdued. Momentum Style Faces Headwinds Barclays strategists, led by Matthew Joyce, maintained a Neutral stance on Momentum in November, despite its strong post-election performance. This cautious approach …

The U.S. dollar edged higher on Tuesday as investors anticipate inflation data that may guide the Federal Reserve’s monetary policy decisions. Meanwhile, global currency markets saw significant movement due to shifts in policy expectations and economic data across major economies. Highlights of Currency Movements U.S. Dollar Strength The dollar index …

European stock markets opened in the red on Tuesday as weak trade data from China dampened the momentum created by recent stimulus pledges. Investors are now turning their attention to upcoming U.S. inflation data, which could influence monetary policy decisions. Market Performance STOXX 600 index fell 0.2% to 520.02 by …

The US dollar edged lower on Monday, as traders digested last week’s jobs report pointing toward a likely Federal Reserve rate cut later this month. However, the greenback’s losses were modest, supported by ongoing geopolitical instability in the Middle East. Dollar Shows Signs of Weakness By 04:00 ET (09:00 GMT), …

European stocks hovered near six-week highs on Monday, buoyed by gains in mining and luxury sectors following signs of stimulus measures aimed at reviving China’s slowing economy. Market Overview The pan-European STOXX 600 index edged up 0.1% by 1000 GMT, extending its rally to an eighth consecutive session. However, Germany’s …

European stock markets showed little movement on Friday, as investors awaited the release of U.S. nonfarm payrolls data, a critical factor in shaping Federal Reserve policy expectations for the coming months. Ongoing political shifts in France and South Korea also remained under watch. Market Highlights: STOXX 600: Down 0.04% by …

European equities remained steady on Thursday, approaching one-month highs, as French markets absorbed the political upheaval following a no-confidence vote that ousted Prime Minister Michel Barnier’s government. Market Highlights STOXX 600: Rose 0.1%, marking its sixth consecutive session of gains. France’s CAC 40: Mirrored regional trends with a 0.1% uptick. …

European equities opened Wednesday on a cautious note as investors awaited a decisive no-confidence vote in France’s Parliament, a move that could potentially unseat Prime Minister Michel Barnier’s government. Market Overview The pan-European STOXX 600 index edged up 0.1% by 0810 GMT, marking its fifth consecutive session of gains after …