Katte

The single European currency remains locked in a tight trading range between the 1,06 and 1,07 levels for a fourth straight day as investors shy away from taking big bets. The Middle East front remains without further escalation for now but the risk that this temporary calm will not last long remain

Germany’s Manufacturing PMI rose to 42.2 in April vs. 42.8 forecast. Services PMI for the German economy advanced to 53.3 in April vs. 50.6 estimate. EUR/USD jumps toward 1.0700 after mixed German PMIs. Germany’s manufacturing sector contraction eased less-than-expected in April while the services s

U.S. stocks climbed higher on Monday with those from the technology sector turning in a fine performance, as traders indulged in some bargain hunting after recent losses. Easing worries about Middle East tensions helped underpin sentiment. The major averages all closed on a firm note. The Dow ended

Gold has seen a bullish trend over the past few months, and we are currently witnessing strong and accelerating price action, driving the metal to new all-time highs. The drivers behind this surge are geopolitical tensions and its role as an inflation hedge. Interestingly, this ascent is occurring d

Summary Housing starts retreat in March Total housing starts dropped 14.7% to a 1.32 million-unit pace during March. Single-family and multifamily starts both declined during the month. Although harsh weather in some parts of the country and the early Easter holiday partially explain March's decline

AUD/JPY edges lower on risk aversion as traders expect Israel to respond to Iran’s assault. Australian Dollar faced challenges amid apprehensions that the RBA may ease monetary tightening in the foreseeable future. Japanese Yen could experience an intervention as Japanese ministers noted to take nec

If the macroeconomic assessment in June confirms an inflation convergence toward the European Central Bank's (ECB) target, key rates could be lowered in June, European Central Bank (ECB) policymaker Olli Rehn said on Tuesday. Rehn added that future rate decisions will ensure that policy rates will s

Oil is losing more than 1% on Monday, below $84 a barrel for WTI and below $89 for Brent after Friday's rollercoaster, when prices peaked above $87 and $91.6, respectively. The drivers were geopolitics, where fears of an escalation of the conflict between Israel and Palestine fueled the growth. The

The services sector in New Zealand fell into contraction territory in March, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 47.5. That's down from 52.6 in February, and it slips beneath the boom-or-bust line of 50 that separates expansion from cont