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Market Recap – Merry Christmas

Germany, Australia and New Zealand are celebrating Christmas and are having a bank holiday. Tomorrow they will be joined by the rest of the EU, Switzerland, UK, Canada and the USA. Prime Minister Abe is meeting President Moon at the sidelines of the trilateral summit in China. It would be the first time the two […]

Market Recap – The ECB week

Financial markets are turning their focus to Thursday’s ECB meeting. Following this year’s Jackson Hole summit, it would be the third Central Bank to announce its monetary policy. The RBA (Australian) and the BOC (Canadian) left their policies and main rates unchanged communicating that the current degree of stimulus is appropriate. On the other hand, […]

French unemployment at new high…

 Good Morning,   – EUR/USD slips slightly to 1.30 level with eyes on US GDP. – Asian shares: Japan’s Nikkei -0.30%, Hong Kong’s Hang Seng +0.81%(07:00 GMT), Korea’s Kospi -0.36%, Australia’s ASX 200 -0.03% and China’s Shanghai  -0.97%. – Merkel: ECB would have to raise rates if looking at Germany only. – German Import prices […]