Tag Archives: Eurozone

The European session was packed with data from Europe and the US, here’s a summary of today’s drivers The US dollar index, which measures its performance against a basket of six major currencies, rose 0.25% to 93.58 points, moving away from its lowest level recorded yesterday at 93.277 points, the …

The annualized Eurozone Consumer Price Index (CPI) rose by 4.1% in October, exceeding expectations of 3.7% while sharply higher from the previous reading of 3.4%, data published by Eurostat showed on Friday. The core figures arrived at 2.1% YoY in October when compared to 1.9% expectations and 1.9% booked last.

The European session witnessed some fluctuations today, Thursday, amid anticipation of US and German inflation data and the European interest decision. The European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations, the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and …

The European Central Bank (ECB) is scheduled to announce its monetary policy decision this Thursday at 11:45 GMT, which will be followed by the post-meeting press conference at 12:30 GMT. Today’s ECB announcement may have more significance and is closely followed by the markets as it is one week ahead …

US stocks rose slightly at the open on Wednesday, supported by a fresh batch of strong earnings reports. The Dow Jones Industrial Average rose 78.55 points, or 0.22 percent, to open at 35,835.43 points. The Standard & Poor’s 500 index rose 5.43 points, or 0.12 percent, to 4,580.22 points. The …

A European Central Bank survey showed on Tuesday that Eurozone banks tightened access to mortgages in the three months to September and expect to continue the same rule in the Q4 of 2021.ECB policymakers are set to take stock of the economic situation at a meeting on Thursday, paving the …

During the currency market’s trading today, Tuesday, the New Zealand dollar recorded strong profits and was the most profitable major currency by about 1.63%, benefiting from some positive developments in the currency market, which positively affected its trading, especially the statements of New Zealand Reserve Governor Adrian Orr. During his …

Gold prices, Monday, sum up the whole market scene in terms of market sentiment and risk appetite. The yellow metal rose about 1% as a retreat in U.S. bond yields and persisting worries about inflation lifted the safe-haven asset ahead of major central bank meetings later on during the current …

The EUR/USD has been trading on a bullish trend throughout the last two weeks, with an increase from 1.1520s to 1.1660s, although this climb was more of a reaction of the larger downtrend, and it seems to have ended now.The US economy is speeding up again, as it enters another …

The S&P500 and Nasdaq were down at the opening session on Friday after chipmaker Intel warned of falling profit margins. Snap topped the losses among social media companies after reporting that digital ads had been affected by Apple’s privacy changes. The Dow Jones Industrial Average fell 4.64 points, or 0.01%, …