Eurozone GDP was stable in Q4, better than expectation of -0.1% qoq contraction. Compared with the same quarter of the previous year, GDP increased by 0.1% yoy. EU GDP was also stable in Q4, and increased 0.2% yoy. Among the Member States for which data are available, Portugal (+0.8%) recorded the highest increase compared to […]
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Dollar continues to be driven by tariff headlines. Nonfarm Payrolls to reshape Fed expectations. BoE to cut by 25bps; focus to fall on forward guidance. Canadian jobs report key for BoC’s next move. In the Read more…
Soft US and euro area data weighed slightly on rates, which largely did not move much through the week, at least until German inflation unexpectedly declined significantly in several of the big Bundesländer, which drove Read more…
Markets Disappointing EMU Q4 growth yesterday triggered a bull steepening on EMU yield’s markets. Today, softer than expected domestic price data continued this dynamic. French HICP inflation declined 0.2% M/M, slowing the Y/Y measure from Read more…