In focus today In the euro area, we receive the flash inflation data for August. National releases from France and Spain were broadly as expected in headline terms, while the German print came in slightly lower than expected. Importantly, underlying inflation pressures remained contained across the three countries: core inflation either declined or was unchanged […]
The post Euro Area Inflation in Focus as National Data Reveals Muted Core Momentum appeared first on ActionForex.
Markets The rise in global yields continues unabatedly. Ongoing elevated oil/energy prices, markets anticipating tighter monetary policy and higher (fiscal) risk premia all are possible explanations for this trend move. Ongoing tensions in the Middle Read more…
In what’s widely interpreted as an effort to bring long-term rates down, the US increased the maximum ceiling of Treasury buybacks. Yet the policy largely failed to suppress long-term yields and caused the dollar to Read more…
The US 10-year Treasury yield has climbed above 4.75% for two genuinely different reasons — Warsh’s Jackson Hole speech repriced near-term Fed timing at the front end, while renewed US-Iran escalation is now pushing on Read more…