Oil Analysis Today: Tactical Bearish Bias Takes Hold Near $90 Support Shelf as Markets Weigh ECB Pause and Iran Tensions
Crude oil price analysis today: CL tests critical $90 support as sellers take control CL crude oil futures are tactically bearish after reversing sharply from $93.50, but the decline is…
Read More »Euro hits one-year low vs. British Pound after Eurozone inflation misses forecasts
The Euro (EUR) falls against the British Pound (GBP) on Wednesday after softer-than-expected Eurozone inflation data reduced expectations for another European Central Bank (ECB) interest rate increase this year.
Read More »SNB’s Schlegel dodges question on the addition of “if necessary” about FX intervention
Energy prices still determined by war situation If necessary our readiness to intervene in forex market is higher, difficult to say if it is more or less than before We…
Read More »ECB policymaker Wunsch says June discussion to be quite easy if US-Iran conflict remains
Discussion on policy setting in June “will be quite easy” if Middle East conflict remains unresolved If a peace deal is confirmed just before the meeting, it will be part…
Read More »How have interest rate expectations changed after this week’s event?
Rate hikes by year-end RBNZ: 75 bps (79% probability of rate hike at the next meeting) ECB: 52 bps (89% probability of rate hike at the next meeting) BoJ: 42…
Read More »ECB’s de Guindos: ECB has to keep cool head, be cautious on rates
ECB Vice President Luis de Guindos suggests the central bank has to maintain a “cool head” and be cautious on interest rates adjustments amid the geopolitical uncertainty. While headline inflation…
Read More »investingLive Americas market news wrap: Big market moves in oil, gold and FX
Trump: He thought impact of Iran would be worse, will be over with soon Netanyahu: Won’t put a stopwatch, but it will end much sooner than people think BOE leaves…
Read More »European shares decline as Mideast war worsens, focus shifts to ECB decision
Original source: https://www.investing.com/news/stock-market-news/european-shares-decline-as-mideast-war-worsens-focus-shifts-to-ecb-decision-4569919
Read More »Lagarde says eurozone not in stagflation as ECB keeps rate path uncertain
ECB President Lagarde pushed back against stagflation concerns but said elevated uncertainty prevents clear guidance on the next interest rate decision. Summary: ECB President Christine Lagarde said the eurozone economy…
Read More »G7 finance ministers and central bankers to meet early next week
The main purpose of the meeting is to assess the implications of the US-Iran conflict, with Lescure revealing that he had already spoken to US Treasury secretary Bessent and other…
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