ECB

Bears Look for Another Push The US index could not capitalize on its 4-day winning streak, as it closed 0.30% lower yesterday. The dollar had been attempting a turnaround in the past few days, however, US jobless claims came in far…

Damaged Dollar Claws Back Some Ground The US index gained some traction yesterday as it closed 0.12% higher, breaching the 91 handle. Risk aversion seems to be supporting the greenback for now, as the House of Representatives approved a…

Among major economies, the Eurozone has been done the least in terms of government stimulus spending. Even at the level of the member states, stimulus spending has been comparatively low. We're still waiting on an agreement on the…

Last week’s highlights Australia retail sales rise by 1.4% in October The latest retail sales data from Australia showed a pickup in activity. On a seasonally adjusted basis, retail sales on the month rose 1.4% in October. This was shy…

Last week’s highlights US durable goods orders rise by 1.3% in October The monthly durable goods orders report measuring the new orders for manufactured goods surged more than expected. Data from the Commerce Department showed that…

With many countries in the world seeing a renewed spike in covid cases, lockdowns and other restrictions are being reimposed. The economic impact of that is likely to increase calls for central banks to step in with more easing. But most…

This week we have a series of important inflation data from major countries across the world. We're getting to a critical juncture in the economic recovery from COVID that implies more attention is needed on CPI changes. As mentioned…

Last week’s highlights China manufacturing sector continues to rise Manufacturing activity in China showed a strong increase in September after the economy ended lockdown measures a few months ago. This was according to the data from IHS…