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Friday, August 30, 2024

European Markets Wrap-Up: ECB Muller says confidence growth in Sep cut but after that is less certain

ECB Muller says confidence growth in Sep cut but after that is less certain

ECB Muller: confidence is growing in a September rate cut ECB Muller: the policy path after the September meeting is less certain... 

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EU commission chief says must play stronger role in defence

EU's Von der Leyen in Prague at GLOBSEC Forum: Integration of Ukraine in the European Union is for us at the heart of our peace effort. EU's Von der Leyen: Protecting Europe is first and foremost Euro... 

AUD the strongest and CHF the weakest

It's been a fairly choppy morning in FX so far. The AUD is the strongest but neck and neck with the Pound for the strongest on the session. The CHF is the weakest, with the JPY not to far behind it. E... 

USDCHF Technical Analysis – SNB's Jordan isn't happy with CHF strength

Fundamental Overview After the strong push lower from last Friday when Fed Chair Powell delivered a more dovish than expected speech at the Jackson Hole Symposium, the USDCHF pair hasn't moved much as... 

Japan's MOF reports zero yen intervention from July 30 to Aug 28

Japan currency intervention amounted to 0 yen from July 30 to Aug 28 - MOF. - not that anyone suspecting intervention of during those dates of course.... 

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September seasonals: The worst month on the calendar for the S&P 500

August was a wild ride. It's typically a quiet, summer month but it was anything but that this year as markets melted down early in the month only to post a full recovery in a remarkable turn. That's... 

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