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Fed’s Daly: We are ready to raise rates if inflation breaks out again.

Federal Reserve (Fed) Bank of San Francisco President Mary Daly cautioned markets on Friday, warning that despite data still leaning…

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French Economy Under Political Threat

France is currently facing a severe political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote,…

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BoE DMP Survey: UK firms’ inflation expectations rise to 2.7% in the December quarter

According to the latest Bank of England (BoE) Decision Maker Panel (DMP) quarterly survey released on Thursday, “one-year ahead expected CPI inflation by…

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EUR/GBP to stay gently offered – ING

GBP:USD briefly sold off and then recovered after Bank of England (BoE) Governor Andrew Bailey seemed to confirm that the bank was…

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GBP/USD: Outlook for GBP turns neutral – UOB Group

The Pound Sterling (GBP) could test the 1.2725 level before a pullback is likely; the major resistance at 1.2750 is unlikely…

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USD: Good dollar demand to emerge should it trade sub-106 – ING

The Dollar Index (DXY) is slightly softer after yesterday’s release of the ISM Services index disappointed consensus and made an 18 December…

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EUR/USD: To likely trade between 1.0430 and 1.0580 – UOB Group

Further range trading in Euro (EUR) appears likely, with an expected range of 1.0480/1.0550. In the longer run, EUR is…

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French bond markets – risks build for 2025

France has been plunged into a political crisis, the question now is, will it trigger a crisis for financial markets?…

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OECD raises 2025 global growth forecast to 3.3% from 3.2%, warns of protectionism risks

The Organization for Economic Co-operation and Development (OECD) warned of increasing growth risks from rising trade tensions and protectionism even after…

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U.S Steel Down Almost 8% as Trump Reafirms His Plan to Block Acquisition by Nippon Steel

One of the largest US-based steel producers, US Steel (X.US) shares are down almost 8% today, because Trump reaffirmed plans of stopping…

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