Dow, DAX Index Analysis Recommended by Richard Snow Get Your Free Equities Forecast DAX Pushes Past Significant Resistance as Earnings Season Continues The DAX received a boost ahead of the ECB rate announcement today as earnings season grips the German index. A broad list of stocks that have reported positive earnings updates this week are
© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Samuel Indyk and Rae Wee LONDON (Reuters) – The dollar extended losses on Thursday, a day after the Federal Reserve delivered what some expect to be its last rate hike, while the market’s focus shifted across the Atlantic
Share: The most important aspect of today’s ECB policy meeting is any guidance on what happens next. Economists at Rabobank analyze EUR outlook. Risks for EUR/GBP seen as being well balanced It is our house view that ECB rates could reach their peak today, though we acknowledge that the risk of one more
EURO FORECAST EUR/USD rose modestly after the Federal Reserve announced its July monetary policy decision The Fed resumed its tightening campaign after a brief pause last month, raising interest rates by 25 basis points to 5.25%-5.50%, but did not strike a hawkish tone Market attention now turns to the ECB, with the bank’s decision and
© Reuters. FILE PHOTO: U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/ By Kevin Buckland and Joice Alves TOKYO/LONDON (Reuters) – The dollar hovered close to a two week high on Wednesday ahead of an expected U.S. Federal Reserve interest rate rise
Sun: Spanish Elections. Mon: EZ/UK/US Flash PMIs (Jul). Tue: German Ifo Survey (Jul), NBH Announcement, Richmond Fed (Jul). Wed: FOMC Announcement, Australian CPI (Jun). Thu: ECB Announcement, US GDP Advance/PCE (Q2). Fri: BoJ Announcement & Outlook Report, French Flash CPI (Jun), Spanish Flash CPI (Jun), EZ Business Confidence Survey (Jul), US PCE (Jun). NOTE: Previews