German DAX: Torpedoed by Rising Geopolitical Risk Premium in Eurozone

In focus today In the euro area, we receive the final euro area inflation data for April. We will especially look out for what drove the still strong service inflation and the measures of domestic inflation as these are key for the monetary policy outlook. Economic and market news What happened overnight In Japan, Kazuo […]

Gold continued to trend higher on Friday and hit new all-time highs, being the top performer in the market for the second consecutive day and on track for a weekly gain of around 3.3%. Fresh acceleration higher was sparked by almost certain Fed rate cut next week, with renewed rise in expectations for more aggressive […]

The Canadian Dollar faces a confluence of challenges, from the unexpected BoC stance on interest rates to mixed economic data and the traditionally impactful fluctuations in oil prices. As investors grapple with uncertainty regarding future monetary policy directions and the resilience of various economic sectors, the ‘Loonie’ is navigating a complex landscape. Understanding the interplay […]