Increase in long term yields, all things being equal, tightens financial conditions. France needs to bring back deficit to 3%. Villeroy has turned into a …
The Trump’s announcement of 25% tariffs on auto imports yesterday weighed on the euro as traders increased slightly their bets for more ECB easing this …
Prior +3.6% Broad money growth in the euro area continues to hold up with the ECB still on a more easy policy path. Loans to …
The UK is in intensive tariff talks with the Trump administration. I believe in free and open trade. I want UK-US trade flows to continue …
Rate cuts by year-end Fed: 62 bps (85% probability of no change at the upcoming meeting) ECB: 56 bps (82% probability of rate cut at …
In case you missed it, Trump announced 25% tariffs on imported autos late yesterday. This is weighing on European auto stocks today with notable losses …
Eurostoxx -1.1% Germany DAX -1.4% France CAC 40 -1.1% UK FTSE -0.6% Spain IBEX -0.9% Italy FTSE MIB -1.3% It’s not looking pretty as European …