Previous 10 | Next 10 |
China’s prime lending rates were unchanged. The MSCI Asia Pacific Index, which rallied more than 4% last week, traded heavily today though China and Taiwan's markets managed to post small gains. Germany is putting together a supplemental budget on top of the current projections...
European stocks actually performed better than the NASDAQ last week so maybe it was positive developments in the Ukraine war that spurred the rally. The dollar index fell nearly 1% last week but is still in an uptrend across shorter time frames. What the market does on a week to w...
Economists and policy makers generally recognize that growth will be weaker than was anticipated at the end of last year. Even with some common bonds, the European bond market remains fragmented, yields are low. Russia's invasion of Ukraine allows the US to take the moral high gro...
The markets continue to digest the implications of yesterday's Fed move and Beijing's signals of more economic supportive efforts as the Bank of England's move awaited. The euro reached a five-day high in early European turnover today, slightly above $1.1065. The dollar typically ...
While EUR/USD near 1.10 looks historically cheap, our Behavioural Equilibrium Exchange Rate model actually suggests that EUR/USD is at least 9% overvalued in real terms. This is primarily due to a significant deterioration in the eurozone’s terms of trade induced by high energy...
The Fed funds rate has been increased 25bp, with Federal Reserve officials forecasting six additional hikes this year and the rate peaking at 2.8% next year. Geopolitical tensions create uncertainty, but the Fed feels the need to step on the accelerator. It increases the likelihoo...
Now, more than two-thirds of managers expect core inflation to stand between 2.5% and 3.5%. Managers sense the end of the deleveraging trend that was observed in 2021. Global leveraged managers believe that the upside remains limited, with no expectation of spread tightening. ...
Chinese officials confirmed the shift from structural reforms to supporting the economy and growth. Reports suggest that Saudi Arabia is considering allowing China to pay for its oil in yuan. Rising yields seem to be tarnishing gold. For further details see: China Reassu...
China reported stronger than expected data, but it did not prevent a further slide in mainland and Hong Kong shares today. The euro recovered from yesterday's brief foray below $1.09 to reach $1.1020 today. The US reports February producer prices today. The headline is expected to...
The U.S. ban on imports of Russian crude oil is effective immediately, while Britain said they will phase out Russian crude oil imports by the end of this year - meaning 9+ months of phased withdrawal. Europe is “hooked” on Russian energy, so Germany has come out against...
News, Short Squeeze, Breakout and More Instantly...
ProShares Short Euro Company Name:
EUFX Stock Symbol:
NYSE Market:
ProShare Advisors and ProShare Capital Management announced today plans to liquidate and close six ProShares Trust ETFs and two ProShares Trust II ETFs based on an ongoing review of ProShares product offerings. Specifically, the following ETFs will be liquidated and closed: The last...