Markets The stock sell-off that loomed following Broadcom’s earnings (outlook) miss turned out to be more of a sectoral rotation rather than a broad-based slump. The industrial Dow Jones Index rallied 1.7% while the Nasdaq was bought on a 1.1% opening dip. This tech-heavy index eventually finished virtually unchanged. When looking at Asian trading this […]
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Japan’s latest reserve data have transformed the debate around the Yen. The question is not whether Tokyo is willing to intervene. It already has. The question now is how many times it is willing to Read more…
The Eurozone economy contracted in the first quarter of 2026. GDP fell by -0.2% qoq, reversing the 0.2% expansion recorded in the previous quarter, while annual growth slowed sharply to 0.3% yoy from 1.2% yoy. Read more…
Key takeaways EUR/USD remains resilient ahead of the US Nonfarm Payrolls report, supported by expectations that the European Central Bank will maintain a more aggressive tightening path than the Federal Reserve despite weak Eurozone growth. Read more…