Markets “The votes are in. They’ve been counted and verified. There’s no ballot stuffing, there’s no fowl play”. In absence of other meaningful news, we open with Monday’s traditional pre-Thanksgiving turkey pardon at the White House where US President Biden spared the lives of “Chocolate” and “Chip”. Other holiday season puns included that the only […]
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Eurozone producer price inflation accelerated sharply in March, with PPI rising 3.4% mom and 2.1% yoy, exceeding expectations of 3.3% mom and 1.8% yoy. The increase was driven overwhelmingly by energy costs, highlighting the growing Read more…
EUR/USD rose to 1.1717 on Wednesday, snapping a three-day losing streak. Pressure on the US dollar stems from growing expectations that the US will reach a negotiated settlement with Iran, reducing demand for the USD Read more…
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