Markets German Bunds underperformed from the start of trading on the back of a Reuters article which suggested that the ECB will tomorrow upwardly revise its 2024 CPI forecast from 3% currently. This bolsters the case for a rate hike even as GDP forecasts for 2023 (0.9%) and 2024 (1.5%) will face downward corrections. The […]
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Switzerland’s economy maintained steady growth in Q4, with GDP expanding 0.5% qoq when adjusted for sporting events. Without the adjustment, GDP rose 0.2% qoq, in-line with expectations. Private consumption increased by 0.5%, supported by higher Read more…
USD/JPY is consolidating near 149.33 on Thursday, with the yen pausing its rally while holding near four-month highs against the USD. This stabilisation follows renewed support for the US dollar amid concerns that US President Read more…
As shown on the XAU/USD chart, the price of gold per ounce has already fallen by more than 1% today. This bearish sentiment may be driven by: → A strengthening US dollar, influenced by President Read more…