Search
News
ECB’s Sleijpen: Energy price retreat will have an impact on inflation
European Central Bank (ECB) policymaker and Dutch central bank chief Olaf Sleijpen said in the European trade on Tuesday that the falling energy prices after easing Middle East tensions would cool down Eurozone inflationary pressures.Fxstreet
Tue, Jun 30
Euro drops against Canadian Dollar despite stronger German Retail Sales
EUR/CAD depreciates after two days of gains, trading around 1.6220 during the early European hours on Tuesday. The currency cross remains subdued as the Euro (EUR) holds losses following the release of German Retail Sales data.Fxstreet
Tue, Jun 30
ECB’s Wunsch: We might need another hike
European Central Bank (ECB) policymaker and the head of Belgium's central bank, Pierre Wunsch, said in the European trade on Tuesday that inflationary pressures in the Eurozone economy could stay above the 2% target for some quarters, adding that the central bank might need to deliver another intereFxstreet
Tue, Jun 30
Reserve Bank of Australia: Policy restrictive as growth slows – TD Securities
TD Securities’ Prashant Newnaha notes that three Reserve Bank of Australia cash rate hikes this year have tightened domestic financial conditions, with activity slowing broadly in line with Bank expectations.Fxstreet
Tue, Jun 30
ECB’s Nagel: Middle East situation is still very opaque
European Central Bank (ECB) Governing Council Member and President of the Deutsche Bundesbank, Joachim Nagel, said during the European trading session on Tuesday that inflation risks in the Eurozone have not vanished, citing that the Middle East situation is still “very opaque”.Fxstreet
Tue, Jun 30
Fed: Flexible reserve management purchases and balance sheet risks – BNY
BNY Markets’ John Velis and David Tam discuss Federal Reserve reserve management purchases (RMPs), noting that new qualifying language suggests the Federal Open Market Committee (FOMC) is more comfortable with system reserves and may adjust RMPs more flexibly.Fxstreet
Tue, Jun 30
Equities: Tech-led rebound into quarter-end – Deutsche Bank
Deutsche Bank strategists note a solid risk-on tone in US equities as a recovery in technology stocks lifted the broader market. The Magnificent 7 outperformed, helping the S&P 500 to snap a five-day losing streak and putting it on the verge of its best quarterly performance in six years.
Fxstreet
Tue, Jun 30
Euro holds losses against British Pound despite stronger Germanys’ Retail Sales data
The EUR/GBP cross trades in negative territory around 0.8605 during the early European trading hours on Tuesday. The Euro (EUR) remains weak against the British Pound (GBP) despite the upbeat Germany’s Retail Sales data.
Fxstreet
Tue, Jun 30
ECB’s Lane: Oil prices for 2027 and 2028 still seen above pre-war levels
European Central Bank (ECB) Chief Economist Philip Lane said on Tuesday that the oil market has moved quite a bit since the last decision, adding that oil prices curve sees elevated levels in years ahead, suggesting costs for the economy.Fxstreet
Tue, Jun 30
Chinese Yuan: PMIs allow patient stance for PBoC – Commerzbank
Commerzbank’s Dr. Henry Hao argues that resilient manufacturing and non-manufacturing PMIs suggest China’s economy is not weak enough to warrant immediate broad-based easing, even as domestic demand indicators stay soft.
Fxstreet
Tue, Jun 30
Germany’s Retail Sales climb by 1.8% MoM in May vs. 0% expected
German Retail Sales, a key measure of consumer spending, showed a surprise upside in May. The consumer spending measure rose 1.1% month-on-month (MoM), according to official data released by Destatis, while it was expected to have declined 0.1%. In April, Retail Sales fell by 0.3%.Fxstreet
Tue, Jun 30
Featured Tools
Top News
US Stocks Tumble as Nasdaq Drops Over 4%; Micron Plunges Over 12% on Fears Slowing AI Data Center Expansion Will Dent Infrastructure Demand
Nasdaq Drops Over 5%, Philadelphia Semiconductor Index Plunges 12% as Chip and AI Infrastructure Stocks Are Sold Off; Micron Falls 17%, Nvidia Drops 9%
Today’s Market Recap: Nasdaq Falls Over 5%, AI Stocks Plunge as Nvidia Drops Over 9%, Micron Falls Over 17%, SanDisk Drops Over 22%
US October Nonfarm Payrolls Preview: Can Employment Rebound? US Stocks, Dollar and Gold Face Key Test
Oil Price Forecast: Brent Falls Below $100 to Two-Month Low as Democratic Win Sparks Truce Hopes, Risks Retesting $80
