Eurozone

There is a substantial amount of market-moving data coming out of Europe tomorrow. The most important is likely to be employment data from the UK. The rate of job seekers is likely to stay at the lowest since the '70s. Half an hour… Read More

It's a relatively quiet day on the data front for the euro tomorrow, But, there is one event that could cause some volatility. Generally, there isn't much reaction to final GDP numbers because they confirm what the market already knows… Read More

The European Central Bank will be releasing the meeting minutes from the July 25th monetary policy meeting. Typically, meeting minutes don't reveal much information during periods where the central bank is maintaining the status quo.… Read More

The European Central Bank will be holding its monetary policy meeting later today in Frankfurt. The meeting will be crucial, considering that the ECB President Mario Draghi hinted at further easing a month ago. The monetary policy… Read More

The US The economic calendar for the week ahead will focus on the US markets, with a number of releases focusing on various aspects from housing to flash manufacturing estimates. The week culminates with the release of the second quarter… Read More

On Friday, peripheral bond yields in Europe took a turn for the worse (that is, they rose). This came after several prominent analysts pointed to private rhetoric by officials in Rome to say "arrivederci" to the EU. This isn't a new… Read More

The euro came under heavy selling pressure yesterday in response to fresh dovish comments from ECB president Draghi. Draghi spoke at the ECB's Sintra conference in Portugal. During his speech, he gave the market a very clear signal that… Read More

Tomorrow we have the release of a host of data relevant to the euro all at once. We have CPI, trade balance and ZEW economic sentiment indicator for the eurozone. But, the one we'll be focusing on here since it tends to have a lot of… Read More

The market is largely focusing on tomorrow's ECB rate decision. However, before then, there are still some important data points on the calendar that could move the market. Chief among them is the final reading of the eurozone's first… Read More

USD Strengthens Despite FOMC Vowing to Hold Rates The US dollar has strengthened over the European morning on Thursday, extending gains in the wake of yesterday’s FOMC meeting minutes. The gains have come despite the minutes revealing that… Read More