Key Takeaways 💵 The United States is challenging the pillars that support the dollar as the world’s reserve currency 🗽 The country is increasing the use of sanctions and accumulating a significant amount of debt, relying on foreign investment to fund its activities 🌏 Global concerns are rising regarding U.S. hubris, but no credible alternative … Read more
Key Takeaways: 💶 Euro fell 0.5% to a one-month low against the dollar 🇫🇷 French blue-chip stocks dropped 2% 📉 French government bond prices fell, pushing 10-year yields close to their highest this year 💼 Macron called a snap parliamentary election after being trounced in a European Union vote by the far right 🤷♂️ Markets … Read more
Key Takeaways: 💶 Euro fell sharply due to far-right gains in European Parliament 🇫🇷 French President Macron called a snap national election adding to market uncertainty 📈 Euro hit one-month low against the dollar 🔍 Markets focused on U.S. inflation data and Federal Reserve policy meeting 🇺🇸 U.S. payrolls report was strong, increasing expectations of … Read more
Key Takeaways 📉 The euro fell 0.5% to a one-month low after Macron’s call for snap election 📈 French bond prices fell, pushing yields to a two-week high of 3.17% 📊 Paris blue-chip stocks dropped 2%, led by losses in lenders like BNP Paribas and Societe Generale 🗳️ Centre, liberal, and Socialist parties set to … Read more
Key Takeaways 💶 Euro fell after Macron called for snap legislative election 💵 Dollar was supported by strong jobs report, cooling rate cut expectations 🇪🇺 Eurosceptic nationalists made gains in European Parliament elections 📉 Euro slid to one-month low against the dollar 💰 Markets now expect 36 basis points of Fed cuts this year 🇯🇵 … Read more
Key Takeaways: 💵 Asian currencies retreated due to dollar rebound after strong nonfarm payrolls report 🇪🇺 Euro hit one-month low amid political uncertainty in EU elections 🌏 Limited regional trading volumes due to market holidays in China, Hong Kong, and Australia 🏦 Federal Reserve meeting this week expected to keep rates on hold, closely watched … Read more
Key Takeaways 💡 Political uncertainty in India following election results could influence market sentiment in the short term 📈 Citi Research maintains macroeconomic forecasts for growth and inflation despite the uncertain political landscape 🏦 RBI’s Monetary Policy Committee focusing on fiscal implications of upcoming budget in June 2021 policy meeting 📉 Three key factors anticipated … Read more
Key Takeaways 💵 Dollar fell to a three-week low on Monday 📉 Dollar index dropped, hitting a two-week low against the yen 📊 U.S. data showed a slowdown, including lower manufacturing and construction spending 🇺🇸 Markets are considering a rate cut by the Federal Reserve later this year 💶 Euro gained against the dollar, hitting … Read more
Key Takeaways: 📈 Political uncertainty in India post-election results may impact market sentiment in the short term 💰 The RBI is maintaining stability and focusing on mitigating volatility during uncertain times 🧐 Markets are monitoring fiscal slippage risks, foreign investor sentiment, and interest rate policy discussions 📉 Bond yields are not expected to show a … Read more
Key Takeaways 💲 Dollar surged on strong jobs report, cooling bets on Fed rate cut for September 📉 Unlikely to signal major reversal in USD weakening trend 📈 Odds of September rate cut fell to 45% 📈 Strong jobs market and stubborn inflation may lead Fed to continue signaling rate cuts 💵 US CPI report … Read more