Financial News

Italy’s fiscal consolidation and compliance with forthcoming EU rules is critical to ensure eligibility of Italian securities under the ECB’s TPI, which is a key driver of its BBB+/Stable Outlook rating.

The yield of 30-year Treasuries moved above 5.00%, the highest level since August 2007.

September’s U.S. job surge of 336,000 defies estimates, showcasing labor market resilience amid rising rates but signaling investor caution in stocks.

German factory orders increased by more than expected in August. However, orders were down year-over-year, leaving question markets about the German economy.

Recent reports indicate that negotiations between Chevron and Australian unions have stalled, raising the risks of strike action at Australian LNG facilities.

Despite a 37% dip in September job cuts, a 58% year-over-year increase signals underlying labor market issues.

German exports fall by more-than-expected in August to deliver another gloomy image of the German economy.

The majority of the survey respondents remain positive about business conditions.

ADP’s report shows just 89,000 new private-sector jobs, far below the expected 160,000, signaling the Fed may reconsider its monetary policy.

SP500 tested session lows as traders bet on a more hawkish Fed.

While leaving the cash rate unchanged today, the RBA Rate Statement highlighted the delicate balance between taming inflation and supporting growth.

U.S. Dollar Index tests new highs as traders bet on a more hawkish Fed.

his week poses high sensitivity for major currencies like the Dollar, Euro, and Pound as investors watch crucial economic indicators and statements from central bank officials closely.

In a high-tension week, SEC Chair Gary Gensler faced harsh questioning on Capitol Hill while Coinbase CEO Brian Armstrong rallied for crypto-friendly legislation amidst ongoing legal battles.

According to the report, year-ahead inflation expectations decreased from 3.5% last month to 3.2% this month.

In September, Eurozone’s inflation dipped to 4.3% from 5.2%, with Eurostat data highlighting eased pressures and major sectors marking the decline.

The UK GDP Report revealed favorable revisions to Q1 numbers. Production and consumer-facing services contributed to growth in Q2.

Treasury yields test new highs as traders prepare for a more hawkish Fed.

Germany’s September 2023 inflation drops to 4.5%, driven by +7.5% food prices and +1.0% energy costs, raising ECB concerns.

Spain’s NSI report aligns with the 3.5% CPI projection, driven by soaring electricity costs, while underlying inflation contracts to 5.8%.