Markets The October Empire Manufacturing Business Survey is one of those sole data points we get from the US with the government shutdown interfering with most of the data releases since the start of the month. The NY manufacturing index from the NY Fed unexpectedly reversed last month steep drop, rising back from -8.7 in […]
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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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