ECB policymaker Elderson says prolonged war increases likelihood of second-round effects
Longer war increases likelihood of second-round effectsI don’t see second-round effects yetThe balance of risks ...
US president Trump reaffirms that Iran has agreed to not have a nuclear weapon
Iran has agreed they will not have a nuclear weaponIran’s supreme leader (Mojtaba Khamenei) is involved in nego ...
SNB Chairman Schlegel says medium-term inflation pressure is basically unchanged
Medium-term inflation pressure is basically unchangedIran war could increase pressure on the Swiss FrancThere’s ...
EU says latest US tariffs on forced labour grounds are unjustified
Just when the EU looks to have settled one thing on the tariffs front, they are now getting thrown another curveball ...
Hawkish Fed risk continues to weigh on gold as US-Iran stalemate drags on, tensions rise
FUNDAMENTAL
OVERVIEWGold is again on the backfoot as yet another rally on optimism gets faded. Tonight,
Iran& ...
Iran reserves right to defend against any country permitting US attacks
Iran’s foreign ministry condemns US strikes on Iranian tanker and Qeshm islandStresses direct responsibility of ...
BOJ governor Ueda says will continue to raise policy rate if baseline outlook holds
BOJ will continue to raise policy rate at an appropriate pace if it judges that likelihood of realising baseline scen ...
UK May final services PMI 49.3 vs 47.9 prelim
Prior 52.7Final Composite PMI 49.7 vs 48.5 prelimPrior 52.6Key findings:Business activity decreases for the first tim ...
Eurozone May final services PMI 47.7 vs 46.4 prelim
Prior 47.6Composite PMI 48.5 vs 47.5 prelimPrior 48.8Despite the troubles in France, the overall Eurozone services ec ...
Germany May final services PMI 48.1 vs 47.8 prelim
Prior 46.9Final Composite PMI xx vs 48.6 prelimPrior 48.4Key findings:Comment:
This article was written by Giusep ...
France May final services PMI 44.3 vs 42.9 prelim
Prior 46.5Composite PMI 44.9 vs 43.5 prelimPrior 47.6More to come..
This article was written by Justin Low at inv ...
Italy May services PMI 49.4 vs 49.1 expected
Prior 49.8Composite PMI xx vs 50.5 priorKey findings:Comment:
This article was written by Giuseppe Dellamotta at ...