Europe Poised to Cut Rates Far Sooner Than US

thedailyupside.com Remember, central bankers: It’s not a race to see who cuts interest rates first. But if it were, Europe would win by a mile. As the US braces for a longer wait for that…

ECB holds interest rate at record high 4.5% – DW

dw.com Europe's central bank has left its key interest rate unchanged. The decision, which was widely expected, comes even as inflation continues to fall faster than expected. The…

Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed

nytimes.com Europe’s central bankers are trying to get out of the shadow of the United States. For much of the past two years, policymakers on both sides of the Atlantic raised interest…

Digital Euro Not Expected to Debut Until 2028 or 2029: German Central Bank President

cryptonews.com The digital euro will likely not launch until 2028 or 2029, Germany’s central bank president, Dr. Joachim Nagel, said on Wednesday. “It may take another four or five years…

The Next Global Hegemon Has To Be Even Larger Than The US

zerohedge.com The Next Global Hegemon Has To Be Even Larger Than The US By Michael Every of Rabobank "Where it will end is very much up for grabs." Yesterday’s manufacturing PMIs shouted…

European Economic Outlook, Fed Preview, Tech Earnings (Podcast)

assets.bwbx.io Host Alix Steel is joined by Bloomberg Opinion Columnist Marcus Ashworth, in for Guy Johnson. They speak with Bloomberg Senior Euro-Area Economist Maeva Cousin on Spanish…

iPhone Currently Not Compatible with Digital Euro: ECB Board Member

cryptonews.com An ECB executive board member wants Apple to change how iPhone payments work to support a potential digital euro. He claims the tech giant’s current system may not support…

German Optimism Boosts European Stocks

barrons.com The German Ifo business-climate index, a closely watched survey of business sentiment, rose for a third consecutive month in April and also beat economists’ expectations.…

Europe’s economy is under attack from all sides

economist.com A decade ago Xi Jinping was welcomed to Duisburg in Germany’s Ruhr valley. He praised the region as a hub for Chinese investment; greeted a train that had spent a fortnight…

The tricky judgments on when to loosen

ft.com An ECB interest rate cut soon would make sense but the Fed faces a more difficult call in the US

Euro Area PMI Activity Hits 11 Month High On Service Expansion As Manufacturing Recession Gets Worse

zerohedge.com Euro Area PMI Activity Hits 11 Month High On Service Expansion As Manufacturing Recession Gets Worse Europe's study in paradoxical contrasts continues. On the same day,…

Eurozone business activity rises to 11-month high

ft.com Data expected to reassure ECB officials that eurozone still on track for ‘soft landing’

ECB Will Consider Fed's Progress When Deciding on Rate Cuts, De Guindos Says

wsj.com The ECB will take account of the Fed’s progress in lowering inflation when it decides the pace of cuts to its key interest rate after a first move in June, its vice…

Fed’s preferred inflation gauge expected to back patience on interest-rate cuts

financialpost.com United States Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to…

Key Events This Week: PCE, GDP, Fed Blackout And Earnings Gallore

zerohedge.com Key Events This Week: PCE, GDP, Fed Blackout And Earnings Gallore Hot on the heels of last week's tech and momentum rout, shaken traders will have to wait until Friday for…

ECB queries Apple’s promise to open up iPhone payments

euronews.com Central bankers say pro-competition reforms still wouldn’t ensure seamless service for their new digital euro. A promise made by tech giant Apple to open up its iPhone…

Bitcoin Price Prediction as BTC Bounces Above $66,000

cryptonews.com Bitcoin Price Prediction Bitcoin (BTC/USD) demonstrates robust performance, with a notable price surge to $66,270, an uplift of approximately 2.50%. This positive momentum…

Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience

finance.yahoo.com Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to keep interest…

Lagarde Says Euro-Zone Economy Is Showing Signs of Recovery

youtube.com Europe’s economy is nearing the end of a malaise that’s resulted in more than a year of near stagnation, according to European Central Bank President Christine Lagarde.…

Bitcoin Liquidity: Caught Between the Halving & Geopolitics

financemagnates.com The long-awaited day of the 4th phase of Bitcoin's halving is looming in the cryptocurrency sector. The countdown to this event shows that it could happen around the final…

Here's what 12 European Central Bank members said about interest rates this week

cnbc.com A host of economists and monetary policymakers gathered in New York this week for the International Monetary Fund's Spring Meetings — including numerous decision-makers from…

Lawmakers stall digital euro bill, leaving future of €1.2bn project uncertain

dlnews.com Lawmakers in the European Parliament have stalled on creating a legal framework for the digital euro, essentially shelving indefinitely the controversial project. The new…

Escalating Middle East tensions a fresh jolt to world markets

finance.yahoo.com Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly…

Blofin Whales’ View: War, Gold and Crypto

beincrypto.com The rise in global uncertainty is one of the main reasons for the recent continuous improvement in the liquidity level of the crypto market, and it is also an important…

Could oil price surges derail the ECB's plans for a rate cut in June?

euronews.com Latest developments in the Middle East raise concerns about a potential broader conflict and its global economic ramifications. Key worries for Europe include whether…

ECB staff in uproar after lunch canteen downgrades olive oil

politico.eu This is apt since the rising price of olive oil, which has more than doubled in the last 12 months, is largely due to extensive droughts in the key growing regions of…

Watch Out for the Surging Dollar

investorplace.com The dollar is poised to keep climbing… tariffs are back in the news… insurance rates skyrocket… the growing problem of “social inflation” Today, let’s bounce around to…

IMF chief quotes Churchill as she warns of global chaos

finance.yahoo.com The head of the International Monetary Fund has urged countries to cut debt and slash red tape to revive growth as she warned the world was becoming more vulnerable to…

European Central Bank should cut in June to avoid falling behind inflation curve, policymaker says

cnbc.com Francois Villeroy de Galhau, governor of the Bank of France, during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday,…

Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call

cnbc.com Blurred buses pass the Bank of England in the City of London on 7th February 2024 in London, United Kingdom. The Bank of England could still cut interest rates in May,…

It's Not Rate Hikes That Are "Sparking An Economic Boom", It's The Fiscal Stimulus

zerohedge.com It's Not Rate Hikes That Are "Sparking An Economic Boom", It's The Fiscal Stimulus By Michael Every of Rabobank The Polybius Crisis Take a step back (in time), and see that…

Dollar Falls with T-Note Yields

barchart.com on Wednesday fell by -0.28%. The dollar was under pressure Wednesday due to a decline in T-note yields. Also, the euro's strength Wednesday undercut the dollar based on…

How Will ECB Rate Cuts Impact the Dollar?

youtube.com An increasingly positive outlook for EU inflation, combined with a surprise deterioration of the same picture in the US, has the European Central Bank set to outpace the Fed…

EUR/USD Price Forecast 2024: Will We See Parity? By

investing.com Investing.com - The dollar has risen to levels against the euro not seen since November last year. Some analysts think still further gains are on the card, with the…

ECB June rate cut looks increasingly likely

cnbc.com European Central Bank policymaker Joachim Nagel said Wednesday that a rate cut for the organization looks increasingly likely for June, but added that certain parts of the…

German finance minister criticizes Inflation Reduction Act, WH responds

semafor.com The News German Finance Minister Christian Lindner criticized the U.S. Inflation Reduction Act, arguing that a similar measure in Germany wouldn’t necessarily bring down…

Hannon's Take: Dead Set on Divergence

wsj.com The messaging on interest rates from the Fed and the ECB was starkly different on Tuesday.

Middle East tensions pose the biggest threat to rate cuts, European Central Bank policymaker says

cnbc.com Robert Holzmann, governor of Austria's central bank, speaks during an event in Vienna, Austria, on Tuesday, Sept. 26, 2023. Tensions in the Middle East pose the biggest…

Confirmed drop in euro zone inflation reinforces expectations for ECB’s June rate cut plan

theglobeandmail.com Euro zone inflation slowed across the board last month, reinforcing expectations for a European Central Bank interest rate cut in June, even as rising energy costs and a…

Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil

cnbc.com European Central Bank President Christine Lagarde on Tuesday said the central bank remains on course to cut interest rates in the near term, subject to any major shocks.…

Is Bitcoin a “Buy” Right Now?

investorplace.com Do you buy Bitcoin down 15%? … Luke Lango’s roadmap for crypto … the 10-year Treasury yield approaches 4.70% … when are rate cuts coming? … a free trading service with a…

The countries which raised rates first are now cutting them

economist.com Over the past two years The Economist has studied the economic fortunes of Hikelandia. This group of eight countries—Brazil, Chile, Hungary, New Zealand, Norway, Peru,…

Central Banks Are Wrong About Rate-Cuts

zerohedge.com Central Banks Are Wrong About Rate-Cuts Authored by Daniel Lacalle, When we talk about monetary policy, people do not understand the importance of interest rates reflecting…

Money Supply Trends Remain Disinflationary

fisherinvestments.com The world continued digesting March’s US Consumer Price Index report Thursday, with the American inflation uptick oddly featuring in … European Central Bank (ECB) interest…

ECB's Hawkish Outlook, UK Retail Up, MSC Look Ahead (Podcast)

assets.bwbx.io Host Alix Steel and guest host Kristine Aquino are joined by Bloomberg Cross-Asset Strategist Ven Ram to discuss the ECB's path forward, including recent comments by ECB…

It's Not Just The Middle East: Here Are The Main Events This Busy Week

zerohedge.com It's Not Just The Middle East: Here Are The Main Events This Busy Week While back on Friday the market's attention was mostly on the start of earnings season, this weekend's…

Analysis-Dollar's rally supercharged by diverging US rate outlook

aol.com A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will be able to cut rates this year compared to other…

US growth may be a global boon, but inflation could derail the train

aol.com U.S. economic growth that keeps motoring above its potential is emerging as a key prop for an ongoing global expansion, but spillovers from persistently high inflation and…

Week ahead in the markets: risk-aversion expected to take centre stage

euronews.com Geopolitical tensions and central banks’ rhetoric on monetary policy will remain the focus of market participants, also Netflix is scheduled to release its Q1 earnings…

Israel-Iran conflict will add to Fed’s caution on rate cuts as oil prices may disrupt inflation fight

aol.com Increased tension in the Middle East following Iran's attack on Israel likely gives the Federal Reserve even more cause to go slow on rate cuts, as a spike in oil prices…

Israel-Iran conflict adds to Fed's caution on rate cuts as oil prices may disrupt inflation fight

fortune.com Increased tension in the Middle East following Iran’s attack on Israel likely gives the Federal Reserve even more cause to go slow on rate cuts, as a spike in oil prices…

Markets Weigh Up Risk of Retaliation-Cycle After Iran Hits Israel

finance.yahoo.com Financial markets will face the new week fretting about geopolitics with much riding on whether Iran’s unprecedented weekend strike on Israel triggers rounds of retaliation.…

Dollar Rallies on Fed Divergence and Heightened Geopolitical Risks

barchart.com on Friday rose by +0.72% and posted a 5-1/4 month high. The divergence between the Fed and ECB is boosting the dollar and undercutting the euro, with the Fed expected to…

The Final Nail In The Coffin Of Synchronized Central Bank Actions

zerohedge.com The Final Nail In The Coffin Of Synchronized Central Bank Actions By Elwin de Groot, head of macro strategy at Rabobank And now the end [to monetary tightening] is near ……

Dollar Soars on Fed Divergence and Increased Liquidity Demand as Stocks Fall

barchart.com this morning is up by +0.71% at a 5-1/4 month high. The divergence between the Fed and ECB is boosting the dollar and undercutting the euro, with the Fed expected to delay…

Pantera rebuts European Central Bank’s contention Bitcoin ‘failed’ to be a global currency

dlnews.com Pantera Capital is taking a swing against the European Central Bank’s claims that Bitcoin “has failed to be a global decentralised digital currency.” The $5.2 billion…

The euro is trading at its weakest in months, and a parity test with the dollar may not be out of the question

marketwatch.com The euro slid to levels not seen since November on Friday, as investors come to grips with the likelihood of the ECB cutting faster than the Fed.

Asian Stocks Drop, European Markets Gain as Central Banks Diverge

barrons.com Very different reactions to central bank messages were on show in Asian and European markets on Friday. Asian markets were largely in the red, with Hong Kong’s Hang Seng…