European Central Bank (ECB) Vice President Luis de Guindos said, “invasion of Ukraine by Russia will have an impact on the economy in the eurozone, will also have an impact on inflation.” “Global financial exposure Read more…
Eurozone CPI accelerated from 5.1% yoy to 5.8% yoy in February, well above expectation of 5.3% yoy. That’s also a new record high. Core CPI also rose from 2.3% yoy to 2.7% yoy, above expectation Read more…
US stocks were stable yesterday while equities in Europe came down as the situation in Ukraine is not better. However, negotiations between Russia and Ukraine will reportedly still take place soon. So there can be Read more…
The euro has fallen for three straight days and continues to lose ground on Wednesday. EUR/USD has dropped below the 1.11 line for the first time since May 2020, at the height of the first Read more…
Stock futures rise as oil surges past $110 a barrel; Jerome Powell heads to the Capitol; SoFi stock jumps one earnings beat; and Major League Baseball is canceled, for now. Here are five things you Read more…
The escalating conflict in the Ukraine, less-than-dovish Fed speakers, and solid US manufacturing survey data pushed the US dollar index (DXY) to a multi-year high of 97.80 on Wednesday. Investors scrambled to buy US dollars Read more…
BTC has risen in price by 1.9% over the day to $44,100. Ethereum has grown by 2.5%, approaching $3,000. Other leading altcoins from the top ten add with maximum momentum such as Solana (+6.7%) and Read more…
Gold is consolidating slightly beneath its latest high of 1,950 after renewed positive traction from its recent 1,891 trough. The soaring simple moving averages (SMAs) are safeguarding the one-month bullish picture in the precious metal. Read more…
American equities retreated for the second straight day this week as Vladimir Putin’s attack on Ukraine intensified. The Russian military bombed multiple residential areas on Tuesday, killing hundreds of civilians. At the same time, two Read more…
The British Pound started a major decline from the 1.3620 resistance against the US Dollar. The GBP/USD pair declined and traded below the 1.3500 level. It traded below the 1.3400 level and the 50 hourly Read more…