Following the 6 Jan announcement by PM Justin Trudeau that he would be resigning as leader of the governing centre-left ...
A light dovish reaction for EUR STIRs following this morning’s national and Eurozone CPI readings.101.5bp of ECB cuts now priced through ’25 vs. ~100bp early today. 24.5bp of easing priced for this ...
EUR/CZK trades flat at 25.159 with market participants looking for fresh catalysts. Familiar technical levels remain in play, with bears targeting the round figure of 25.0 and bulls setting their ...
EUR/PLN continues to flirt with the psychologically significant 4.25 figure after another failure to close below there yesterday. Activity can be expected to pick up as local traders return from a ...
USDJPY is still pushing lower despite the move higher in US Yields, this is more of a pure FX move, with broader USD selling interest so far today.Next support is seen much further out, down to 156.05 ...
USD/ZAR has edged lower as the greenback trades on a slightly softer footing (BBDXY -0.3%). Still, the rand sits towards the bottom of the EMEA scoreboard. The pair last deals at 18.5625, with bulls ...
Romania’s planned coal-to-gas plant conversion project received the construction permit, with the 1.7GW Mintia gas plant anticipated to be operational in 36 months, a member of the Senate of Romania ...
German GHG emissions declined by 18mn tons, or 3%, on the year to a total of 656mn tons CO2e in 2024 – reaching a new record low, according to a study from Agora Energiewende. This means Germany ...
Hungary's producer prices rose 4.3% m/m in November versus +1.0% in October, according to the Central Statistical Office. On a year-on-year basis, producer prices rose 7.9% compared to +2.6% prior, ...
Oil prices are almost unchanged on the day after pulling back from a peak of $77.5/bbl yesterday as the market weighs sluggish Chinese demand and expectations of more fiscal stimulus to revitalise the ...
GBP STIRs consolidate/marginally extend on yesterday’s hawkish move.BoE-dated OIS & SONIA futures little changed to a touch more hawkish vs. settlement, with 17bp of cuts priced for February, 20.5bp ...
President Recep Tayyip Erdogan has pledged to boost Turkey’s long-range missile program, Bloomberg report, following comments late yesterday where he said “We have decided to strengthen our stock of ...