Bethia

European Central Bank (ECB) Vice President Luis de Guindos said on Tuesday that “barring any surprises, the June rate cut is a 'fait accompli'.” Additional quotes But have to be very cautious about what comes afterwards. What the Fed decides is not only crucial to the US, but also for the global eco

Belgian consumer confidence weakened and remained negative for the fourth straight month in April, the National Bank of Belgium said on Monday. The consumer sentiment index dropped to -6.0 in April from -5.0 in the previous month. The slump in confidence is limited, despite a clear deterioration in

Last week, equity markets continued their downward correction despite solid economic data. This correction was driven by the realization that rate cuts are not imminent or as aggressive as previously anticipated. The S&P 500 experienced a 3.2% decline by late Friday, with notable sectors such as

Greece's current account deficit increased in February from a year ago due to a deterioration in the balance of goods and the primary and secondary income accounts, data from the Bank of Greece showed on Friday. The current account deficit rose to EUR 3.16 billion from EUR 1.34 billion in the same m

French stocks advanced on Thursday as soft eurozone inflation data for March booted hopes for an ECB rate cut in June. ?Talking about the June meeting, I think the probability is increasing that we will see a rate cut in June but there are still some caveats," the chief of Germany's Bundesbank told

Analysts at TD Securities don't think that the latest employment data from Australia will bring the Reserve Bank of Australia (RBA) closer to lowering its policy rate. Australian labour market remains tight with "Australian headline employment fell 6.6k in March, softer than the +10k consensus and T

The Pound drops on weak UK employment data, to retest support area at 1.2430. UK Unemployment rate increased to 4.2% in the three months to February against expectations of a 4% reading. Investors’ focus is on Wednesday’s UK CPI data for more clues about the BoE’s monetary policy outlook. The Sterli

S&P 500 recovered from fearful Friday selloff in the Asian session, and even managed to spike on hot Retail Sales (no landing) balanced by slower Empire State manufacturing (soft landing – I was however doubting that move. Expectations of a selloff based on Saturday‘s extensive analysis came to