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A Hawkish ECB Advise No Cut for July! European Stocks Fall!

European stocks unable to hold onto gains and honour the recent resistance levels. German inflation declines back to 2.2% as inflation in June...

Market Update – September 2 – USD Holds at Highs, Stocks stem losses

USDIndex - spiked to 109.95 highs yesterday and holds the BID @109.50 now. A strong NFP could lift the USD even higher. A...

EURNZD: ZE and EU Economic Sentiment weighs on EURO

The Eurozone Economic Sentiment Indicator fell from 103.5 to 99.0 in July. Industry confidence fell from 7.0 to 3.5. Services confidence fell from 104.1...

Market Update – May 25 – Stocks Volatile, USD Stable, NZD Surges

USD slipped again, but is  stable today (USDIndex 102.00), weak global PMI data & US data missed and Powell adding to rate hike expectations...

Market Update – January 21 – Stocks Sink – Netflix & Peloton Crash

Stock markets sank again  (Nasdaq -1.3%)  Tech companies led the slide, (Peloton -24%, Netflix -18% post results. USD firmed as Yields & Oil dipped,...

A muted response on data

Euro ignores the Eurozone Q4 GDP slowdown to 0.1% as coronavirus monopolize the attention. The outcome was in line with forecasts but a tad...

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