Tag Archives: Europe
CFTC Data Show Oil Speculators Cut Net Long Positions as Supply Builds and Demand Cools
CFTC data show oil speculators cut net long positions to 161,000 contracts, signalling reduced bullish sentiment.
German May HICP Inflation Misses Forecast, Bolstering ECB Rate-Cut Expectations
Germany’s May HICP inflation rose 2.7%, undershooting forecasts, boosting ECB rate-cut bets across bonds, FX, equities.
Belgium Q1 GDP Rises 0.2%, Meeting Forecasts as Markets Eye ECB and Inflation Data
Belgium’s Q1 GDP rose 0.2% qoq, matching forecasts, reinforcing stability and supporting range-bound, low-volatility trading strategies.
Italy unemployment falls to 5.1% in April, fuelling FTSE MIB and euro optimism
Italy’s April unemployment dipped to 5.1%, boosting growth optimism, supporting equities, firmer euro, and lower volatility.
Eurozone Consumer Confidence Holds at -19 in May, Bolstering ECB Hold and Low Volatility Views
Eurozone consumer confidence held at -19 in May, matching forecasts, reinforcing weak sentiment and supporting ECB patience.
Eurozone Industrial Confidence Holds at -8, Keeping Volatility Low and Pressure on Euro
Eurozone industrial confidence held at -8 in May; subdued sentiment supports low volatility, rangebound equities, bearish euro.
Euro slips as Hormuz tensions lift dollar, while ECB hike talk clashes with slowing Eurozone growth
Euro slips as Hormuz clash boosts safe-haven dollar; ECB hike talk clashes with slowing growth, volatility.
Rabobank Warns of Prolonged Hormuz Disruption, Oil and Gas Prices Seen Rising Amid Escalation Risks
Rabobank expects Hormuz disruption up to three months, tightening oil and gas flows, risking energy crunch, higher prices.
EUR/USD Range Holds as Iran Tensions Lift Volatility, ECB Hawkishness and US PCE Loom
EUR/USD stalls near 1.1645 as Iran tensions lift volatility; ECB hawkishness supports euro ahead of PCE.