EU passenger car registrations grew 9.3% yoy to a three-month high of 971,048 units in September 2026, marking the eighth straight month of growth and accelerating from a 4.5% rise in August. The market continued to benefit from robust consumer demand for a range of electrified vehicles, driven primarily by market support measures and a […]
France’s 10-year OAT yield surged above 5%, reaching a new 24-year high as investors grew increasingly concerned about the country’s fragile public finances and mounting social unrest. The spread over 10-year German Bunds widened to around 160 basis points, its highest level since the eurozone sovereign debt crisis. Global bond yields have climbed this year […]
US mortgage demand continues to weaken, with total mortgage applications falling 5.3% in the week ending October 16, 2026, according to the Mortgage Bankers Association (MBA). The decline marks the seventh consecutive weekly drop and leaves applications at their lowest level since January 2025, highlighting the pressure that elevated borrowing costs are placing on the […]
Key takeaways Carrefour’s stock is experiencing one of the worst trading sessions in its history today. Shares of the French retail giant are falling by as much as about 6 percent, to around 14 euros, marking one of the sharpest declines since the outbreak of the pandemic in 2020 (it’s worth noting that a similar […]
Financial markets are facing another eventful week, with oil prices rising amid geopolitical tensions, AI-related stocks experiencing renewed volatility, and investors closely monitoring economic data and corporate earnings. Here’s a closer look at what’s moving markets and what could come next. Oil prices: What’s driving the latest rally? Oil prices are back in focus as […]
Antje Praefcke at Commerzbank highlights that political and rating risks in France, plus cautious European Central Bank (ECB) expectations, weigh on the Euro (EUR) but are largely priced in. Markets now see an ECB hike in December and more tightening next year, which may be revised lower. She anticipates relatively stable EUR/USD into next week, […]
ING’s Francesco Pesole expects New Zealand’s 3Q CPI to slow to 3.8%, broadly matching consensus and slightly under the RBNZ’s projection, with any upside surprise reinforcing expectations of an October rate hike. Markets already price a meaningful move after hawkish RBNZ commentary, while NZD is seen cheap versus fair value and NZD/USD is projected above […]
Brown Brothers Harriman’s Elias Haddad notes United Kingdom (UK) September Consumer Price Index (CPI) surprised to the upside, pushing British Pound (GBP) higher against both the Dollar and Euro. Haddad sees a 25 bps Bank of England (BoE) rate hike to 4.00% on November 5 as largely assured, but argues the swaps curve is pricing […]
Societe Generale analyzes USD/ZAR after its rebound above the 200-DMA, with an interim high near 16.75 and a current pullback towards 16.37. The bank stresses the importance of the pair holding above the 200-DMA, noting two failed attempts earlier this year. It highlights downside risks towards 16.27 and 16.15 if 16.37 breaks. Rebound faces crucial […]
UOB strategists Quek Ser Leang and Lee Sue Ann note that AUD/USD benefited from the weaker US Dollar and reclaimed the 0.70 handle, with momentum strengthening faster than expected. Intraday gains may be capped within a tight range, but the 1–3 week outlook now points to further upside toward 0.7035, provided the pair holds above […]