US stocks wavered on Thursday ahead of the earnings season that kicks off today. The Dow Jones rose by over 100 points while the tech-heavy Nasdaq 100 index declined by about 80 points. The key companies that will publish their results today are Wells Fargo, Blackrock, Citigroup, JP Morgan, and First Republic. Analysts believe that […]
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Germany’s GfK Consumer Sentiment Index fell sharply for December, dropping from -18.4 to -23.3, far below expectations of -18.8. This marks the lowest level since May 2024 (-24.0) and reflects a significant deterioration in household Read more…
ECB Executive Board member Isabel Schnabel stressed the importance of a cautious approach to monetary easing, warning against shifting policy into “accommodative territory.” Speaking to Bloomberg, Schnabel stated that ECB could “gradually move toward neutral” Read more…
GBP/USD is stuck in a tight range, reflecting market indecision. Upcoming US data releases, including GDP and PCE data, could trigger a breakout from the range. The US Dollar Index’s performance will heavily influence GBP/USD’s Read more…