Previous 10 | Next 10 |
The dollar gained against most of the world's currencies last week. With a few sessions left in July, the greenback has advanced against the majors and all but a handful of emerging market currencies. It rose to new highs for the year at the end of last week against sterling. The risk of a no-...
By Petr Krpata, CFA , Chief EMEA FX and IR Strategist Despite the euro's "buy the rumour sell the fact"-like rebound, we see downside to the euro over coming months. We expect the ECB to announce a packaged deal of easing in September (a 20bp cut and QE among other things). This sh...
Overview Investors are happy for the weekend. Between the ECB, Brexit, and next week's FOMC, BOJ, and BOE meetings, the markets are mostly in a consolidative mode ahead of the weekend. The first look at Q2 US GDP is the last important data point of the week, though it is unlikely to impact n...
By Paul O’Connor Paul O'Connor, Head of the UK-based Multi-Asset Team, discusses confirmation of Boris Johnson's appointment as UK prime minister and the highly uncertain outlook for Brexit that he - and his divided government - must navigate, and the likely market response. As ...
By David Zahn, CFA, FRM, Head of European Fixed Income, Senior Vice President, Franklin Templeton Fixed Income Group® As expected, Boris Johnson won the UK Conservative Party leadership race and, with it, the keys to 10 Downing Street. But as he looks to establish his administration...
The European Central Bank signals that it will increase monetary policy support after summer break, saying it expects to keep key ECB interest rates "at their present or lower levels at least through the first half of 2020." More news on: Invesco CurrencyShares Euro Trust ETF, ProShares ...
Overview: The euro remains stuck in its trough below $1.1150 ahead of the ECB meeting. The US dollar is firmer against most of the major currencies. The yen continues to resist the draw of the greenback. Most emerging market currencies are lower. The Turkish lira is weaker ahead of its centr...
By Petr Krpata, CFA ; Carsten Brzeski and Benjamin Schroeder The ECB is just about likely to stay on hold this week. We expect the dovish press conference, with guidance on a September rate cut and talk about QE, to weigh on the euro. The evolution of market expectations ...
Overview: Disappointing flash PMI pushed an already offered euro lower ahead of tomorrow's ECB meeting. European bonds rallied and equities, amid a rash of earnings, are trying to extend the advance for a fourth consecutive session. Italian and Spanish 10-year benchmark yields are off four-s...
By Philip Lawlor, managing director, head of global markets research Equity markets have been rallying on the decisively dovish turn in Federal Reserve and European Central Bank positioning and optimism about the macro rewards such stimulus may bring. But, as highlighted in our latest ov...