Mixed Reality

zerohedge.com Mixed Reality By Jane Foley, Senior FX Strategist at Rabobank A string of US economic data releases yesterday emboldened the view that the US economy is perhaps a little…

Stocks Edge Lower, Unity Software Apple Boost, GE HealthCare Sale, Bitcoin Woes, Bed Bath & Beyond Plans

thestreet.com Five things you need to know before the market opens on Tuesday June 6. 1. -- Stock Futures Lower As Growth Concerns Test S&P 500 Bull Move U.S. equity futures nudged lower…

European shares flat on rate-hike jitters; Novo Nordisk jumps

finance.yahoo.com German share price index DAX graph is pictured at the stock exchange in Frankfurt (Reuters) - European shares were range-bound on Tuesday as worries of further interest rate…

Euro zone consumers hopeful of slowing inflation

reuters.com Euro zone consumers lowered their inflation expectations for the next 12 months and three years in April, a fresh European Central Bank survey showed on Tuesday, an event…

Weekly Market Pulse: Signal To Noise Ratio

alhambrapartners.com The stock market surged last Friday after the employment report showed a gain of over 300k jobs while the year-over-year change in average hourly earnings fell to 4.3%. That…

Euro zone core inflation stubborn but ECB policy starting to work: Knot

reuters.com Underlying price pressures in the euro zone may prove more difficult to tame but monetary policy is showing signs of effectiveness and further rate hikes must be done step…

European stock futures edge lower; central banks in focus

investing.com Investing.com - European stock markets are expected to open marginally lower Tuesday, as investors fret about slowing global growth and future central bank policy decisions.…

Morning Bid: Nervy markets back on central bank watch

reuters.com [1/2] Pedestrians walk past the Reserve Bank of Australia building in central Sydney, Australia, February 10, 2017. REUTERS/Steven Saphore/File Photo A look at the day ahead…

European Central Bank chief signals more rate hikes ahead with inflation still 'strong'

aol.com European Central Bank head Christine Lagarde said Monday that price pressures are “strong” and made clear that the bank will raise interest rates high enough to bring down…

Key Events This Week: Quiet Ahead Of Next Week's Storm

zerohedge.com Key Events This Week: Quiet Ahead Of Next Week's Storm The week after payrolls is almost always a bit quiet for data and this week DB's Jim Reid reminds us that we have the…

ECB may need to keep raising rates beyond summer, Nagel says

reuters.com [1/3] Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration FRANKFURT, June 5 (Reuters) - The European Central Bank still needs…

ECB's Lagarde sees no peak in core inflation despite 'moderation'

reuters.com [1/2] European Central Bank President Christine Lagarde walks on the day of addressing the European Parliament's Committee on Economic and Monetary Affairs, at the European…

Euro zone business growth slowed in May as factories struggled

theglobeandmail.com Euro zone business activity was shored up last month by the bloc’s dominant services industry offsetting a deepening decline in the manufacturing sector, according to a…

Dollar climbs on expectations of a still hawkish Fed

investing.com Investing.com -- The U.S. dollar climbed higher in early European trade Monday after a healthy jobs report prompted traders to price in a continuation of the Federal…

Euro zone business growth slowed in May as factories struggled-PMI

reuters.com Euro zone business activity was shored up last month by the bloc's dominant services industry offsetting a deepening decline in the manufacturing sector, according to a…

European stock futures mixed; PPI data, Lagarde speech in focus

investing.com Investing.com - European stock markets are expected to open in a cautious manner Monday as investors focus on future central bank policies and more economic data. At 02:00…

The debt markets see no evil

ft.com And the ECB sees some evil, in shadow banks

Morgan Stanley sees ECB ending its rate hike cycle in July at 3.75%

reuters.com U.S. investment bank Morgan Stanley (MS.N) said on Monday that it expected the European Central Bank (ECB) to end its interest-rate hiking cycle in July at 3.75%. "We see…

Dollar bears bide their time as U.S. economic strength persists

reuters.com A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline. The dollar is up 2.5% from its recent low against a…

Morning Bid: Hawkish pause for thought?

reuters.com A look at the day ahead in European and global markets from Kevin Buckland: All eyes are on interest rates to start the week, in Europe as well as the United States. Chris…

The Junkiest Junk Bonds Feel The Pain of Economic Decline

finance.yahoo.com The riskiest corporate bonds are dropping as signs of economic weakness spread, raising the specter of more defaults and distress. • None US-China Handshake Fails to Stem…

Top 5 things to watch in markets in the week ahead

investing.com Investing.com -- The economic calendar is light in the coming week but rate decisions in Canada and Australia will be in the spotlight in the run-up to the Federal Reserve’s…

After Month of Pain, Euro Bulls Look to Fed Pause for Relief

finance.yahoo.com Investors who took out long positions in the euro could be in for some respite, even as a shaky outlook for the economy continues to stalk the common currency. • None Amazon…

The Fed and Other Central Banks Have Put Themselves in an Inextricable Situation That Will Benefit Bitcoin in Any Case

inbitcoinwetrust.substack.com If you liked reading this, feel free to click the ❤️ button on this issue so more people can discover it on Substack . In my book “2020: The Year When Everything Changed for…

Inflation in countries using the euro inches higher to 7%

euronews.com Inflation in European countries using the euro currency inches higher to 7% in April as the squeeze on households extends. Europe's painful inflation inched higher last…

Europe Stocks Climb Higher after US Congress Approve Bill to Increase Debt Ceiling

coinspeaker.com Coinspeaker Europe Stocks Climb Higher after US Congress Approve Bill to Increase Debt Ceiling Stocks in Europe opened higher today after the US Senate approved a bill to…

Dollar slips after debt ceiling bill progresses; payrolls due later

investing.com Investing.com - The U.S. dollar slipped lower in early European trade Friday, adding to the previous session’s sharp losses after the U.S. Congress approved the debt ceiling…

Room Seen for 10-Year US-German Bond Yield Spread to Tighten

wsj.com Euro area core inflation is not yet in free fall, and the ECB’s stance is less restrictive than the Fed’s, which argues in favour of a narrower 10y UST-Bund spread, SocGen…

Inflation in Europe drops to lowest level since Russia invaded Ukraine

cnn.com Inflation in Europe has fallen to its slowest pace since Russia invaded Ukraine, bolstering the case for the region’s central bank to bring interest rate hikes to an end…

Nightmare On ERM-Street?

zerohedge.com Nightmare On ERM-Street? By Bas van Geffen, Senior Macro Strategist at Rabobank Reports focusing on financial stability often make for some grim reading. Then again, I guess…

ECB President Says Euro Zone Inflation Still ‘Too High’ as Rate Falls Lower than Expected to 6.1%

coinspeaker.com Coinspeaker ECB President Says Euro Zone Inflation Still ‘Too High’ as Rate Falls Lower than Expected to 6.1% Euro zone inflation has dropped in May, with a steeper plunge…

Eurozone Inflation Slides to Lowest in More Than a Year

nytimes.com The rate of price increases slowed to an annual rate of 6.1 percent in May, but food costs continued to keep inflation uncomfortably high. Inflation in the eurozone slid…

Eurozone inflation tumbles, fuelling ECB rates debate

arabnews.com FRANKFURT: Eurozone inflation eased more than expected last month as underlying price growth also slowed, fuelling a debate about the need for further European Central Bank…

Euro Area Inflation Cooler Than Expected, Lagarde Shrugss Off Dovishness

zerohedge.com Euro Area Inflation Cooler Than Expected, Lagarde Shrugss Off Dovishness Following yesterday's German CPI slump, the flash inflation release for May shows Euro area core…

European Central Bank still has ground to cover, but past rate hikes staring to work: Lagarde

theglobeandmail.com Euro zone inflation remains too high, so further European Central Bank policy tightening is necessary, even if there is a growing body of evidence that past rate hikes are…

Euro zone inflation tumbles in May, fuelling debate about need for further ECB rate hikes

theglobeandmail.com Euro zone inflation eased more than expected last month as underlying price growth also slowed, fuelling a debate about the need for further European Central Bank rate hikes…

Global factories struggle for momentum amid patchy demand

reuters.com LONDON/TOKYO, June 1 (Reuters) - Sluggish global demand deepened the decline in manufacturing activity across Europe and remained a major challenge for many of Asia's big…

Euro zone inflation falls more than expected to 6.1% as core pressures ease

cnbc.com People at the market for their daily shopping on April 07, 2023 in Bari, Italy. Inflation has eased in Italy but price pressures remain strong. Inflation in the euro zone…

A Wave of Defaults—and a Recession

wsj.com A wave of corporate defaults is looming, with the U.S. expected to be hit harder than Europe, Deutsche Bank said in a Wednesday report. Its strategists forecast that credit…

Morning Bid: Plotting policy paths for Europe and the US

reuters.com A look at the day ahead in European and global markets from Kevin Buckland It's a volatile time for central bank watchers, when comments from one man can flip the script in…

Climate change could become a major inflation driver in the next decade

fortune.com Last summer, a blistering heatwave in Europe caused crops to wilt, rivers to dry up, and workers to stay indoors to escape scorching temperatures. The economic blow was…

Five Letter Words

zerohedge.com Five Letter Words By Elwin de Groot, Head of Macro Strategy at Rabobank Five Letter Words Overnight developments in the US indicated that a bill on the debt ceiling…

Bitcoin is on track for its first monthly drop of the year, stalling 2023's huge rally as macro uncertainty builds

businessinsider.com Bitcoin is still up largely since the start of 2023, however, surging 65% year-to-date. Umit Turhan Coskun/Getty Images Bitcoin is down about 4% in May, heading for its…

Dollar hits highest since mid-March on cooling European inflation

investing.com WASHINGTON/LONDON (Reuters) - The U.S. dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation is cooling quicker than expected…

UK and US poised to fall into recession as interest rates dampen growth

theguardian.com Stubbornly high inflation and higher borrowing costs are poised to drive the economies of the UK, Germany and US into recession, the leading rating agency Moody’s has…

The credit crunch will spark a wave of corporate defaults and a recession as tight financial conditions put an end to the lending boom, Deutsche Bank says

businessinsider.com A trader reacts near the end of the day on the floor of the New York Stock Exchange in New York Reuters/Brendan McDermid The credit crunch is sparking a wave of corporate…

ECB Rate-Hike Odds, Euro Tumble After German Inflation Slumps

zerohedge.com ECB Rate-Hike Odds, Euro Tumble After German Inflation Slumps Germany joined its major euro-zone peers in reporting a dramatic slowdown in inflation as both regional and…

ECB's de Guindos warns financial markets are vulnerable to a sharp sell-off

cnbc.com Financial markets could face a sharp downturn in the event of any further shocks to the global economy, European Central Bank Vice-President Luis de Guindos told CNBC on…

Dollar hits highest since mid-March as European inflation cools

reuters.com LONDON/TOKYO, May 31 (Reuters) - The U.S. dollar rose strongly on Wednesday to a more than two-month high after data showed European inflation is cooling quicker than…

Stocks Waver on China Economy Worries; Bonds Gain

financialjuice.com Due to China's economic problems, European equities and US equity futures recovered some of their losses, while bonds gained amid signals of decreasing inflation. - The…

Morning Bid: China factory fright, dollar surges

reuters.com A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling saga nearly over, the state of the global economy hoves back into view - with…