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Eurozone Sentix Investor Confidence Index leaps to 0.2 in June vs. -8.1 previous
Eurozone investors’ morale bolstered in June.EUR/USD stays offered at around 1.1400 after the Eurozone data. The Eurozone Sentix Investor Confidence Index jumped sharply to 0.2 in June following May’s -8.1, the latest survey showed on Tuesday. The index hit its highest level in a year. The Expectati
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USD/CHF edges lower to near 0.8200 despite easing trade-war jitters
USD/CHF depreciates as the US Dollar pulls back, registering around 0.50% gains on Friday.The stronger US jobs data for May increased the odds of the Fed keeping rates unchanged at its June meeting.The latest Swiss CPI and GDP data raised the odds of SNB delivering a 25 basis point rate in the next
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AUD/USD drifts lower amid cautious RBA, global trade uncertainty
AUD/USD retreats to 0.6460 as Aussie loses ground after Monday’s rally.RBA minutes reveal that the board debated a 50 bps interest rate cut but opted for a 25 bps cut to preserve predictability.Focus shifts to US JOLTS Job Openings due later in the day, Wednesday’s Australian GDP and Friday’s NFP fo
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USD/CHF drops to near 0.8200 due to increased safe-haven demand
USD/CHF depreciates amid increased safe-haven demand following increasing concerns regarding slow growth and renewed inflation in the US.Trump plans to boost import tariffs from 25% to 50% to secure the US steel industry.The Swiss National Bank is widely expected to bring interest rate to zero in Ju
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Global markets hold their breath amid geopolitical tensions and shifting capital flow
As we step into June, global markets are once again under the shadow of rising geopolitical risks and shifting capital flows. The Ukraine conflict has escalated with increased drone activity, heightening investor anxiety and driving gold higher as a classic safe-haven play. Meanwhile, US-China trade
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EUR/JPY holds gains near 164.00 as safe-haven demand for the Japanese Yen weakens
EUR/JPY appreciates as the Japanese Yen attracts sellers following a US federal court’s halting of Trump’s "Liberation Day" tariffs.The Trump administration has appealed against the court’s ruling; it appears unlikely to back down.ECB’s Klaas Knot noted that the current Eurozone inflation outlook ch
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Fed’s Musalem: Business expect higher prices
Business leaders are becoming increasingly concerned about the economic consequences of rising prices and trade uncertainty, suggested St. Louis Fed President Alberto Musalem. Key QuotesBusiness executives are trying to figure out how to manage uncertainty about supply chains, inventory, and inflati
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- Tony Finance :Hello my friend
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