LME copper surged 3.6% yesterday to settle above $10,336/t (the highest since May 2024), after Freeport-McMoRan declared ...
The Swiss central bank looks unlikely to take rates negative again, but could try tweaking the charge on excess reserves ...
But overall, the market remains surprisingly steady – for instance, the pricing of the European Central Bank. The market is ...
After a long series of partially inexplicable rising optimism, the Ifo index – Germany’s most prominent leading indicator – ...
Fed Chair Jerome Powell broadly reiterated his cautious view yesterday, signalling there is some balance between downside ...
Service sector business activity picked up significantly, keeping the PMI at a level associated with modest growth ...
In primary markets, the Netherlands will sell a new 30y DSL via Dutch Direct Auction (DDA). Portugal has mandated banks for a ...
Central bank speakers and PMIs will also be in focus in the UK this week. Bank of England Governor Andrew Bailey and Chief ...
US natural gas storage rises. Oil prices drifted lower for a third straight session in the early trading session today, ...
The most concerning development is the employment climate, which fell by two points due to reduced hiring plans in services.
Overall, the July number as a whole, while not impressive, continues a theme of reasonable support for US securities. This ...
As widely expected, the Fed has resumed cutting interest rates with a 25bp move yesterday. They think three more cuts will be ...