The ECB, and by extension the Euro, faces the unenviable combination in Q4 of weakening economic growth and above-target inflation.
Markets Q4 Outlook: Dow Jones, US Dollar, Gold, Fed, Euro, ECB, Oil, Volatility Returns?
Volatility captured markets as the Dow Jones, S&P 500 and Nasdaq 100 fell in September. The US Dollar and crude oil prices are on the rise, with gold vulnerable to rising Treasury yields. What is i…
ForexLive European FX news wrap: Dollar, equities see a light reprieve, oil gains
Forex news from the European trading session – 5 October 2021
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.5%
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.5%
Yellen: It’s up to Pelosi, Schumer to figure out how to raise debt limit
Remarks by US Treasury secretary, Janet Yellen
Not anything that hasn’t been said before as she doesn’t want to step into the toes of lawmakers in Congress as they sort the issue out.
Not anything that hasn’t been said before as she doesn’t want to step into the toes of lawmakers in Congress as they sort the issue out.
ECB’s Holzmann says clinging to hope that inflation spike is temporary
At least someone is being honest
As much as central bankers have kept up the narrative that the surge in inflation pressures is temporary or ‚transitory‘, they don’t really have the right tools to deal with the root of the problem. As such, the best they can do is to hope that to be the case.
As much as central bankers have kept up the narrative that the surge in inflation pressures is temporary or ‚transitory‘, they don’t really have the right tools to deal with the root of the problem. As such, the best they can do is to hope that to be the case.
Bitcoin climbs back above $50,000 for the first time in a month
Bitcoin up over 2% on the day to above $50,000
It is the first time since 7 September that price has clipped the $50,000 mark and it’s an important psychological win for buyers in trying to maintain the recent upside momentum, after having put up a defense at its 100-day moving average (purple line).
It is the first time since 7 September that price has clipped the $50,000 mark and it’s an important psychological win for buyers in trying to maintain the recent upside momentum, after having put up a defense at its 100-day moving average (purple line).
Heads up: US Treasury secretary Yellen to speak in an interview later
She will be speaking with CNBC at 1130 GMT
The interview will at least cover some key topics at the moment regarding the debt ceiling and infrastructure negotiations, so keep your eyes and ears peeled in case.
The interview will at least cover some key topics at the moment regarding the debt ceiling and infrastructure negotiations, so keep your eyes and ears peeled in case.
Privatbank: Kein Familienmitglied mehr in der Führung von M.M. Warburg
Joachim Olearius steigt als Sprecher der Privatbank M.M. Warburg aus. Damit gehört seit langem kein Familienmitglied der Eigentümerfamilien dem Vorstand an.