Euro

January 03, 2025 at 05:17PM The major European indices fell in trading today after corrective moves to the upside stalled today. There also is a shift out of the European stocks and back into the US indices The S&P index is up around 1% while the NASDAQ index is up...

January 03, 2025 at 08:10AM Eurostoxx -0.2% Germany DAX -0.1% France CAC 40 -0.5% UK FTSE +0.1% Spain IBEX +0.1% Italy FTSE MIB -0.2% European indices fought saw a push and pull start to the year yesterday before closing things out on a more positive note. However, some late selling...

January 03, 2025 at 01:45AM Friday at 11 am US Eastern time (1600 GMT) Participation by ECB board member Philip Lane in a panel on “Geopolitical Fragmentation”, hosted by the American Finance Association (AFA) at annual meeting of American Economic Association (AEA)/Allied Social Science Associations (ASSA) Saturday at 11 am...

January 02, 2025 at 04:39PM Europe has been a dog for a long time compared to the US but the scoreboard reset on Wednesday. Closing changes on the day: Stoxx 600 +0.6% German DAX +0.5% France CAC +0.1% UK FTSE 100 +1.0% Spain IBEX +0.5% Italy’s FTSE MIB +0.4% Through...

January 02, 2025 at 04:16PM The best thing you can say about the euro is that it’s so hated that sentiment can hardly get worse. Then again, you could have said that on New Years Eve and it’s down 100 pips to start the year. As they say, it’s always...

January 02, 2025 at 11:11AM January is already promising some big moves in the major currencies space and we’re off to a rather decent start. The euro and sterling are being offered in European morning trade, both stumbling lower across the board. Of note, EUR/USD is now down to its...

January 02, 2025 at 09:00AM Prior +3.4% Broad money growth expanded quite decently in November compared to the same period a year ago, up from the 3.4% year-on-year estimate in October. Looking at the details, adjusted loans to households also grew to 0.9% but adjusted loans to non-financial corporations did...

January 02, 2025 at 09:00AM Prior 45.2 It’s a marginal revision lower with the reading being the lowest in 3 months. The output index falls further to 44.3 though, down from 45.1 in November. And that marks its lowest reading in 14 months. Pain. Overall, it reaffirms further struggles in...

January 02, 2025 at 08:05AM Eurostoxx +0.2% Germany DAX +0.3% France CAC 40 +0.2% UK FTSE +0.2% Spain IBEX +0.4% Italy FTSE MIB +0.6% It’s a decent start to proceedings as equities are keeping with a slight optimism to start the new year. The DAX did peel back off the...