EU manufacturing data revealed an even worse outlook for the single market economy in July, sending European indices lower after printing fresh new high
Source
Euro Stoxx 50 Showing Signs of Fatigue as EU Data Worsens
access_timeDecember 25, 2024
Latest:
- BOJ governor Ueda: We must raise rates if economic, price developments continue to improve
- People’s Bank of China injects 300 bn yuan in a 1 year MLF at unchanged rate of 2.00%
- Atlanta Fed GDPNow Q4 growth estimate remains at 3.1%
- Richmond Fed composite index -10 versus -10 estimate
- What is moving the market? Where is the market going?
- MUFG Bank see potential for the euro to parity against the US dollar in the next 3 months
- UBS halved its expectation for Federal Reserve rate cuts in 2025, to 50bp only (from 100)
- PBOC sets USD/ CNY reference rate for today at 7.1876 (vs. estimate at 7.3031)
- RBA December minutes: Upside inflation risks had diminished
- PBOC is expected to set the USD/CNY reference rate at 7.3031 – Reuters estimate
Stay Ahead In The Forex Game