Concerns over impact of Russian sanctions weighs upon risk appetite
- Risk aversion flows pick up as EU pondered impact from sanctions against Russia on economic growth and inflation. - Markets continue to push back ex
Source: fxstreet.com
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French CPI inflation slowed less than expected, Euro Area employment picture continues to improve
- France Jan CPI above expectations as energy costs surged; ECB likely to be willing to wait for further evidence on inflation before starting to remo
Source: fxstreet.com
UK inflation at 30-year high, German 10-year bund yield turns positive
- Focus remains on global bond yields; EU equity markets manage to recover following a shaky start to the session. - UK Dec CPI above consensus and hi
Source: fxstreet.com
America's Roundup: Dollar falls after U.S. jobs report, Wall Street ends mixed, Gold ticks up, Oil slips, but gains 5% in the week on Kazakh, Libyan concerns-January 8th, 2022
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
Source: econotimes.com
America's Roundup: Dollar steady, yen dips on month-end rebalancing, Wall Street falls, Gold gains, Oil pares gains on worries about Coronavirus vaccine rollout-January 30th,2021
• No significant events Currency Summaries EUR/USD: The euro strengthened against greenback on Friday after sources said European Central Bank is unlikely to cut its already-record low policy rate as this would do little to revive the pandemic-hit euro zone economy, playing down concerns about a strong euro. Traders were left scratching their head this week when Dutch central bank governor Klaas Knot said the ECB had room to push its Deposit Facility Rate, currently at minus 0.5%, further below zero if needed to stem a rally in the euro. The sources noted that the ECB’s focus now wa...
Source: econotimes.com