Markets European (GDP) data are seldom determining drivers for markets. However, today’s data mix with the first estimate of EMU Q2 growth and the preliminary EMU CPI at least provided an interesting challenge after the recent sharp repositioning on interest rate markets. Europe is expected to be headed for a very difficult H2, if not […]
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EUR/CHF dived sharply to as low as 0.9204 last week after breaking out of consolidations. But it rebounded strongly after brief breach of 0.9209 low. Initial bias is turned neutral again this week. Some more Read more…
Euro stole the limelight last week with a steep selloff triggered by poor activity data. This downturn has intensified the pressing need for the ECB to ease monetary policy swiftly back to neutral levels. While Read more…
Despite offering only one EV in its U.S. lineup, Japanese mobility giant Honda spent 2024 beefing up its poker hand and amping up its electric game. During the Consumer Electronics Show in Las Vegas in Read more…