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Europe Roundup: Euro dips against dollar,European shares gain, Gold firms ,Oil prices surged by 4% after strikes prompted tankers to avoid the Red Sea -January 12th,2024

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. ....

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Quiet weekend and Monday lets theme pivot on upcoming speakers and US CPI later in week

- No change to macro narrative over the weekend, following the beat in US nonfarm payrolls on Fri. ....

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Italy Construction Output Grows For Third Month

Italy's construction output expanded for the third straight month in October, according to the provisional data released by the statistical office Istat on Thursday. ....

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EUR/USD remains capped under the 1.1000 barrier, focus on German PPI data

The EUR/USD pair trades with mild losses and remains capped under the 1.1000 psychological mark during the early Asian trading hours on Wednesday. ....

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EUR/USD Forecast: Near-term sellers could push the pair towards 1.0880

The US Dollar is in better shape on Wednesday, advancing against most major rivals. ....

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