Price action remains subdued ahead of key US/EU data in coming days
- Focus on 2nd reading of US Q4 GDP data. - RBNZ kept its policy steady and softened its previous threat to lift rates even further.
Source: fxstreet.com
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Sommelier DeFi strategy vaults now live on Arbitrum
Retail investors, priced out of Ethereum mainnet by high gas fees and shifting their attention to layer-2 rollups, now have a 1-click yield vault option on…
Source: biztoc.com
UK retailers provide first Q4 earnings color, highlight Red Sea disruptions
EU mid-market update: Flickers of hope in EU data; UK retailers provide first Q4 earnings color, highlight Red Sea disruptions.
Source: fxstreet.com
Fed's Waller and ECB's Stournaras talk rate cuts
- Stocks move higher and bond yields lower as interest rate expectations are further dialed in after Fed Waller yesterday spoke about seeing case for rate cut in several months if inflation takes on course, suggesting a move in H1 2024, alongside a significant drop in German states and Spain’s CPI readings, ahead of Germany’s national reading at 08:00 ET.
Source: fxstreet.com
All about earnings as major EU banks perform well, Nasdaq 100 futures dip after Alphabet results
- Macro story little changed as Q3 earnings flood in for both EU and US. Nasdaq 100 futures trade lower after Google owner Alphabet results after the
Source: fxstreet.com