Forex
Breaking: SNB unexpectedly cuts Deposit Rate by 25 bps to 1.50%
Following its quarterly monetary policy assessment on Thursday, the Swiss National Bank (SNB) board members decided to cut the benchmark Sight Deposit Rate...
Switzerland SNB Interest Rate Decision registered at 1.5%, below expectations (1.75%)
Switzerland SNB Interest Rate Decision registered at 1.5%, below expectations (1.75%)
SNB cuts key policy rate by 25 bps to 1.50% from 1.75% previously
Prior 1.75%Easing of policy made possible as fight against inflation has been effectiveInflation likely to remain in the range below 2% over the...
Germany March flash manufacturing PMI 41.6 vs 43.1 expected
Prior 42.5Services PMI 49.8 vs 48.8 expectedPrior 48.3Composite PMI 47.4 vs 47.0 expectedPrior 46.3It's a tale of two sides again for Germany as...
Germany HCOB Services PMI came in at 49.8, above forecasts (48.8) in March
Germany HCOB Services PMI came in at 49.8, above forecasts (48.8) in March
France March flash services PMI 47.8 vs 48.7 expected
Prior 48.4Manufacturing PMI 45.8 vs 47.5 expectedPrior 47.1Composite PMI 47.7 vs 48.6 expectedPrior 48.1The euro dips to the lows for the day after...
Gold Technical Analysis
Yesterday, the Fed left interest rates unchanged as expected with basically no change to the statement. The market was fearing some hawkish stuff,...
European indices follow Wall Street gains as risk sentiment stays upbeat
Eurostoxx +1.0%Germany DAX +0.9%France CAC 40 +0.8%UK FTSE +1.1%Spain IBEX +0.9%Italy FTSE MIB +0.6%It's all good in the hood for European stocks as...
Dollar stays on the backfoot to start the session
The dollar sold off after the FOMC meeting yesterday, as Fed chair Powell let the doves out to play. Policymakers also retained the...
France March business confidence 100 vs 98 prior
Prior 98Manufacturing confidence 102Prior 100; revised to 101Services confidence 102Prior 99; revised to 100French business sentiment moves back to its long-term average of...
