Markets Thursday’s tech sell-off eased on Friday (-0.2% for the Nasdaq). Value bore the brunt now: the DJI slid 1.2%. Equities in the euro area fell more than 1% but pared losses to 0.3% in the close. Technicals in the likes of the S&P500 (near 7600 support) and SX5E (re-entering the downward sloping channel and […]
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In focus today In Germany, we receive the Ifo indicator for October. Friday’s flash PMIs still pointed to decent growth momentum at the start of Q4, although the composite fell slightly short of expectations as Read more…
The Australian dollar faced plenty of headwinds last week. Growing concerns about AI-related spending, Brent crude pushing up to US$113/bbl, and ongoing fiscal and political uncertainty in France sent French bond yields to multi-year highs Read more…