Markets Markets yesterday still faced conflicting signals as they tried to assess the mutual interference between growth and inflation. The outright (European) recession panic that dominated trading earlier this week eased even as there was little in the way of hard news. European equities rebounded up to 2%. Still, European interest markets and the euro […]
The post USD Strength Still Accompanied By Ongoing Euro Weakness appeared first on Action Forex.
Consumers have long had an interesting relationship with alcohol. And with the U.S. Surgeon General recently sounding alarms about alcohol’s long-term health risks, we could see a decline in alcohol sales as consumers opt to Read more…
ECB is widely expected to continue its “regular, gradual” easing cycle today, reducing the deposit rate by 25bps to 2.50%. Markets are still pricing in two more cuts this year, but the path forward has Read more…
Fed’s Beige Book report indicated that “economic activity rose slightly” since mid-January, with mixed regional performances. While four Districts saw modest or moderate growth, six reported no change, and two experienced slight contractions. Consumer spending Read more…