Swiss GDP grew 0.5% qoq in Q1, above expectation of 0.3% qoq. Recovery was driven largely by the industrial sector, with manufacturing up 1.7%. This was accompanied by 1.4% rise in goods exports. But overall Read more…
Many of us work with Git, never get past the basics, but still have that nagging feeling: “I really need to learn more.” However, the command line and Git concepts are too big of a Read more…
France GDP contracted -0.2% qoq in Q1, revised down from 0.0% qoq. The contraction was linked to weakness of household consumption (-1.5%). General government’s consumption expenditure rose 0.2%. Total gross fixed capital formation rose 0.6%. Read more…
EUR/USD The bulls managed to breach the resistance at 1.0738, and during the early hours of today`s trading session, the pair is trading above the mentioned zone. A confirmation of the breach could lead to Read more…
Markets Surprisingly high and accelerating inflation in Belgium, Spain and Germany defined an exclusively European trading session yesterday (US closed for Memorial Day). European/German yields were already headed north at the open in an attempt Read more…
Stocks in Asia were shaky on Tuesday morning following the lack of cues from Wall Street overnight due to the Memorial Day holiday in the US. Nevertheless, there is a sense of caution in the Read more…
Market movers today The key data release today will be the Euro Area Flash HICP for May. Following the high country releases (more below), we see significant upside risks to our original expectations at 8.1% Read more…
German inflation hit a fresh record high of 8.7% in May, above the 8.1% penciled in by analysts. The data gave a boost to the European Central Bank (ECB) hawks and helped the EURUSD extend Read more…
With US markets closed overnight, Asian markets are drifting today. Equities are mixed with currency markets are indulging in some modest US Dollar short covering as US bond futures fall. (yields up) Gold and silver Read more…
Oil continued higher overnight has EU members agreed on an embargo of Russian oil. Euro pairs are moving higher ahead of today’s CPI report. Asian Indices: Australia’s ASX 200 index fell by -39 points (-0.54%) Read more…