Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 2-3 February 2022 1. Review of financial, economic and monetary developments Read more…
Stocks are holding support after Fed’s Powell’s encouraging statements on monetary policy tightening, but crude oil keeps moving higher based on the situation in Ukraine. With recent jump on stocks we also see JPY crosses Read more…
GBPAUD is trying to record the tenth straight negative session, plummeting to a new almost four-month low around 1.8292. Technically, the 20- and 40-day simple moving average (SMA) recorded a bearish crossover, while the price is also falling Read more…
PMIs, trade balance power higher Australia posted strong data earlier in the day, but the Australian dollar remains almost unchanged as it trades around the 0.73 level. Services PMI jumped to 57.4 in February, up Read more…
The Euro comes under fresh pressure on Thursday and probes again below 2022 low at 1.1121 (Jan 28) after several attempts failed to register a clear break lower. Deteriorating geopolitical situation on continuing clashes in Read more…
If you’ve dreamed of living and working overseas, these countries are ranked highest for happiness, health, employment and quality of life. Do you dream of retiring abroad, or working overseas? Perhaps you’ve thought of trying Read more…
Stock futures little changed and oil prices hover at 14-year highs as fighting between Russia and Ukraine enters its second week. Stock futures were little changed Thursday while oil prices hovered at 14-year highs as Read more…
Stock futures steady and oil at multi-year highs as Russia’s invasion of Ukraine enters week two; Snowflake melts; rates are going up; Tesla’s Musk to UAW: come on in. Here are five things you must Read more…
WTI oil continues to rise strongly and standing around $116 per barrel in early Thursday’s trading. Extremely volatile market conditions are unlikely to ease as war in Ukraine extends into eight day, boosting turmoil in Read more…
Eurozone PPI rose 5.2% mom, 30.6% yoy in January, above expectation of 3.0% mom, 26.9% yoy. For the month, industrial producer prices increased by 11.6% in the energy sector, by 2.7% for intermediate goods, by Read more…