US Q1 GDP grew 1.6%, missing forecasts, boosting rate-cut bets and prompting hedges in equities, dollar.
US Q1 PCE inflation held at 4.5%, keeping Fed hike odds elevated and boosting option-volatility trading.
BNP Paribas says US growth since 2022 is driven by productivity gains, with AI supportive long-term.
Euro slips amid Iran tensions and higher oil; ECB hike supports, while US PCE may trigger breakout.
ECB minutes flag persistent energy-driven inflation risks, close-call rate debate, growth concerns, boosting euro volatility opportunities.
GBP/USD slips near 1.3400 as Hormuz tensions and firm PCE expectations boost dollar, pressuring sterling.
TD Securities now expects the RBNZ to hike in July, projecting four 25bp moves, capped near 3.50%.
Dollar Index hits April high near 99.5; steady above key EMA as GDP/PCE data test bullish outlook.
Eurozone consumer confidence held at -19 in May, matching forecasts, reinforcing weak sentiment and supporting ECB patience.
Eurozone industrial confidence held at -8 in May; subdued sentiment supports low volatility, rangebound equities, bearish euro.
Hello there 👋
On hold
Hello there 👋
Scan the QR code with your smartphone to start a chat with us, or click here.
Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.
