EUR/GBP Sets Nearly 2-Year Lows as the ECB Heads Towards a Rate Cut
The pair dropped to the lowest since August 2022, as the ECB is widely expected to cut rates next week, whereas the case for a BoE June pivot has become harder
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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The pair dropped to the lowest since August 2022, as the ECB is widely expected to cut rates next week, whereas the case for a BoE June pivot has become harder
The index pulls back from its recent record highs and tests key technical levels, amidst uncertainty around the central bank’s rate path and July’s general election
The pair has made a strong start to the week, but monetary policy dynamics are unfavorable, while markets brace for incoming inflation reports from both sides of the Atlantic
Oil prices find support after a losing week, as markets brace for the upcoming OPEC+ meeting where members are expected to decide the fate of their supply cuts
HKG33 posted its first losing week in more than a month, weighed by geopolitical jitters, while Xiaomi’s strong results did not help either
The commodity started the year with steep decline, but moves to 2024 profits with a two-month relief rally, fueled by improving supply-demand equilibrium that can drive further upside
Price pressures eased substantially and close to the central bank’s 2% target, but were hotter than anticipated, sustaining uncertainty around the timing of the first rate cut
Canadian CPI moderated according to today’s data, helping the pair’s bounce from critical support levels, as it strengthens the case for a BoC pivot
The tech heavy index sets new highs this week, as markets gear up for Wednesday quarterly results of Nvidia, the enabler and main beneficiary of the AI boom
HKG33 extended its gains helped by Beijing measures to prop the critical real estate market and mostly strong results by Alibaba, JD and Baidu
CPI ticked lower according to Wednesday data, which sent the index to new all-time highs, as markets reinforced pricing for two Fed cuts this year
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