Euro Dived on Dovish ECB and Lockdown Fears, More Downside Risks ahead
Euro tumbled broadly and deeply last week, and ended as the run away worst performer. It’s firstly weighed down by dovish comments from ECB officials, who talked down the need for policy action to counter inflation. More importantly worries grew...
Weekly Economic & Financial Commentary: Delivery Vans Rush to Homes with Shoppers’ Treasure
Summary United States: Delivery Vans Rush to Homes with Shoppers’ Treasure Retail sales jumped 1.7% in October, on the back of e-commerce and holiday sales categories. While these nominal figures are buoyed by rising inflation, a sustainable increase in real...
The Weekly Bottom Line: Bank of Canada Reiterates Flexible Approach
U.S. Highlights October retail sales rose a better-than-expected 1.7% on the month. Sales in volatile categories were up robustly, but sales in the control group also rose a strong 1.6%. Leading the charge on this front was a 4% gain...
Week Ahead: RBNZ and Reemergence of Coronavirus Watched During Shortened Trading Week
Volatility has returned to the markets thanks the continued spikes in “transitory” inflation readings from around the globe. This week, the RBNZ will be the first of the major central banks to discuss how they will deal with the continued...
Week Ahead – Who Will Lead the Fed?
And what next for Europe? Lockdowns have returned in Europe and suddenly everyone is analysing the data to see which countries will be next. Germany may not be far behind as cases spiral out of control and others could follow...
Stocks making the biggest moves midday: Moderna, Robinhood, Boeing and more
Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading. United Airlines, Boeing — Shares of travel-related stocks dipped after Austria...