Hawkish comments from ECB's Nagel failed to support the euro, which is weakening against the broad-market amid US dollar strength. The banker mentioned that the ECB's work regarding future hikes is not over yet and currently rates did not reach a restrictive level. Lowering interest rates is not in the ECB's plan in the near term, Nagel added.
Industrial production in Germany fell by -2.02% year-over-year (seasonally adjusted), compared to forecasts of -1.4% and a previous reading of -0.42%. On...
06:58Futures on US indices posting gains, although the US500 pulled back yesterday after surpassing the 6,000-point mark. Today, the US500 and US100...
Investors are positioning themselves in response to incoming information regarding Donald Trump’s next moves. Major U.S. stock indices are...
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