Inflation data on the agenda in Europe today
The market is still digesting the BOJ policy decision from earlier with the yen being knocked down by over 2% across the board while bonds are more bid in the aftermath. The central bank doubled down on defending their yield curve control policy and that has seen 10-year JGB yields fall to 0.41%. The move […]
German GDP, Spanish CPI and Can Europe Avoid a Recession?
Goldman Sachs has been one of the recent major banks to upgrade its expectations for the Euro Zone for the coming year. It had previously expected the shared economy to fall into a recession in the first half of the year. Now, the forecast shows an expectation that the Euro Area will just barely avoid […]
HFM’s Outlook 2023: Europe and the EURO
Europe and the EURO– 2023 Outlook With weaker growth, tight labour market and higher and longer-lasting inflation in 2022, the outlook for the euro area has worsened. Headline inflation may have ended the year at a lower level than initially anticipated, but partly thanks to one-off government support in Germany, core inflation actually moved higher, […]
PRECIOUS-Gold accelerates to 8-month peak on dollar pullback
*U.S. CPI report due on Thursday*Dollar index down 0.4%(Updates prices)Jan 9 (Reuters) – Gold prices extended gains to an eight-month high on Monday as a weaker dollar made greenback-priced bullion cheaper for overseas buyers, while investors bet on a less-aggressive rate-hike trajectory from the U.S. Federal Reserve this year.Spot gold was up 0.8% at $1,880.33 […]
KVB Prime UK Rebrands to DCFX Europe
DCFX Europe Limited, previously known as KVB Prime UK Limited, published its annual financials for the year ending 31 March 2022. Though the company’s turnover plunged 39 percent year over year to £106,205, it made progress like starting to onboard clients and refining the “website and technology that sit behind the registration and account management […]