Italy Retail Sales n.s.a (YoY) dipped from previous 2.3% to 1.6% in February
Italy Retail Sales n.s.a (YoY) dipped from previous 2.3% to 1.6% in February
Italy Retail Sales s.a. (MoM) came in at 0% below forecasts (0.4%) in February
Italy Retail Sales s.a. (MoM) came in at 0% below forecasts (0.4%) in February
France 10-y Bond Auction rose from previous 3.39% to 3.73%
France 10-y Bond Auction rose from previous 3.39% to 3.73%
US Dollar Index (DXY) rallies beyond 100.00 as hopes of peace in Iran fade
The US Dollar (USD) is regaining lost ground on Thursday, and the DXY returns to levels above the 100.00 line at the time of writing, buoyed by the risk-averse sentiment. US President Donald Trump crushed hopes of a swift end to the Iran war and sent the Greenback higher across the board.
USD: Risk-off tone supports Dollar – ING
ING analysts Francesco Pesole, Frantisek Taborsky and Chris Turner note that the US Dollar has regained support as risk-off sentiment returns following renewed Middle East escalation and uncertainty around the Strait of Hormuz.
ECB’s Panetta: Tensions in energy markets are a cause for concern for financial stability
European Central Bank (ECB) executive board member Fabio Panetta said during European trading hours on Thursday that global energy crisis could impact financial stability.
Turkey Exports climbed from previous $21.1B to $21.9B in March
Turkey Exports climbed from previous $21.1B to $21.9B in March
EUR/JPY trades flat around 184.00 as investors seek clarity on ECB-BoJ policy outlook
The EUR/JPY pair trades in a tight range around 184.00 during the European trading session on Thursday. The pair consolidates as investors seek fresh cues regarding how monetary policies by the European Central Bank (ECB) and the Bank of Japan (BoJ) will flare going ahead.
WTI rises above 101.00 as Trump’s Iran stance fuels supply fears
West Texas Intermediate (WTI) oil price rises over 7% after two days of losses, trading around $101.10 per barrel during the European hours on Thursday.
Gold pares intraday losses and moves closer to $4,650; not out of the woods yet
Gold (XAU/USD) trims a part of its heavy intraday losses and recovers closer to the $4,650 region during the first half of the European session. Any meaningful upside, however, still seems elusive in the wake of a goodish pickup in the US Dollar (USD) demand.
Brazil Fipe’s IPC Inflation climbed from previous 0.25% to 0.59% in March
Brazil Fipe's IPC Inflation climbed from previous 0.25% to 0.59% in March
Oil: War risks and Strait tensions – Rabobank
Rabobank’s Senior Market Strategist Benjamin Picton notes that Brent briefly fell below $100 before Donald Trump’s national address reversed risk sentiment, sending Oil higher and bond yields up.