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Friday, December 13, 2024

European Markets Wrap-Up: 5 Cryptocurrencies Set to Soar Before Christmas Eve

5 Cryptocurrencies Set to Soar Before Christmas Eve

In the fast-paced world of digital currencies, a select few are showing remarkable potential. As the holiday season nears, these five cryptocurrencies might offer extraordinary returns on a modest inv... 

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China November M2 money supply +7.1% vs +7.5% y/y expected

Prior +7.5% New yuan loans ¥0.6 trillion Prior ¥0.5 trillion The year-to-date total for new yuan loans is now seen at ¥17.1 trillion and barring an unprecedented surge in December, it will fall far sh... 

ECB's Makhlouf: The direction of travel on interest rates is clear

The pace and number of further rate cuts will depend on inflation developments I want to say that his comments are a bit incomplete for now as the ECB has clearly put more emphasis on the economy in t... 

Dollar keeps more mixed on the session so far

The greenback is sitting up against the yen and pound but holding lower against the euro so far today. This comes as stocks are looking to bounce back with US futures up 0.3% but Treasury yields are l... 

ECB's Vasle: Declining services inflation strengthened the confidence in return to target

Declining services inflation strengthened the confidence in return to target. ECB will decide monetary policy meeting by meeting on the basis of current situation, core inflation and policy transmissi... 

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Latest Forex Orders

FX option expiries for 13 December 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . They are all for EUR/USD and layered between 1.0450 through to 1.0500. The big one of course is the over €7 billion in expiries... 

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