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Sees Eurozone economic growth at 0.8% in 2024, 1.3% in 2025, and 1.6% in 2026 Sees Eurozone inflation at 2.4% in 2024, 2.1% in 2025, and 1.9% in 2026 Of note, they are forecasting the German economy to contract by 0.1% this year as compared to their previous forecast of 0.1% growth in the spring.

Written by , ETMarkets.com| Nov 15, 2024, 01:03:29 PM IST 1/11 Stock Slump The Indian stock market has been trading sluggishly in recent days, with the benchmark index, Sensex, dropping around 2.5% in just one week and losing nearly 11% from it’s all-time high. Amid this weak trading environment, many stocks in the BSE 500 index

While Dollar extends recent gains following stronger than expected PPI data in early US session, it’s upward momentum was somewhat capped by the retreat in treasury yields as their correlation continues. Nevertheless, the greenback is still staying as the strongest one for the day and the week. It remains to be seen if there is

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Written by , ETMarkets.com| Nov 14, 2024, 06:41:08 PM IST 1/10 Bucking Trend On Thursday, the benchmark index Sensex dropped by 111 points, ending the day at 77,580. Despite the overall market decline, nine stocks from the BSE smallcap index reached their 52-week highs. A 52-week high indicates the highest price a stock has hit over

Dollar strengthened broadly overnight, underpinned by the solid rebound in US Treasury yields, while stock markets closed mixed. Stalling disinflation progress, as indicated by the latest CPI data, reinforced the likelihood that Fed will only adopt a gradual approach to lowering interest rates in the future. The aggressive 50bps rate cut back in September is

Why it’s important? The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on

The victory of Donald Trump in the US presidential elections has not been well-received by the bullion as the prices of gold, on MCX, have fallen by Rs 4,750/10 grams or 6% since November 4, the day of the election verdict. Historically, a rising Dollar has pressured gold prices, a trend evident post-election as Trump’s

US stock futures have jumped in a relief rally following release of October US CPI data, which, while showing an uptick in headline inflation and steady core inflation, stayed within expectations. This in-line report eases fears of an inflation surprise that could disrupt Fed’s gradual easing path. Market sentiment has therefore strengthened, with Fed fund

Markets: Bitcoin trades to a new high at $93,483 before correcting lower to $89,021 currently. And is still up over $1000 on the day WTI crude trades down nine cents at $68.03 2 year yield 4.279%, down -6.5 basis points. 10 year yield 4.451%, +1.8 basis points Gold down -$22.69 or -0.87% at $2575.17 S&P

Written by , ETMarkets.com| Nov 13, 2024, 06:27:20 PM IST 1/6 New Lows On Wednesday, the Sensex, the benchmark index, dropped 984 points, closing at 77,691. Amid this downturn, five stocks from the BSE 200 index hit their 52-week lows. The 52-week low represents the lowest price a stock has traded at in the past year,

The financial markets are intently focused today on US inflation data. Expectations are that both the headline CPI and core CPI remained unchanged in October from the previous month’s readings of 2.4% and 3.3%, respectively. This stagnation in disinflation supports the notion that bringing inflation back to Fed’s 2% target may prove increasingly challenging in

Why it’s important? The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on

ETMarkets.com| Nov 13, 2024, 01:52:21 PM IST 1/6 Short Buildup A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are

Dollar’s rally continues broadly today, though most of its strength remains concentrated against European majors. While the greenback holds firm, it remains capped below last week’s highs against commodity-linked currencies and Yen. A clear move upwards could only unfold if 10-year Treasury yield breaks past the 4.4% threshold, though the true direction may hinge on

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not

Written by , ETMarkets.com| Nov 12, 2024, 06:20:44 PM IST 1/7 Market Roundup Indian market remained volatile on Tuesday and pared most of the morning gains to close in the red. The S&P BSE Sensex fell more than 800 points while the Nifty50 closed below 23900. Getty Images 2/7 Sectoral Watch Sectorally, buying was seen in

Dollar strength and European weakness is currently the main theme in the markets this week so far. The greenback shrugs off strong risk-on sentiment, as reflected in another day of record closes in major US indexes, with strong momentum against Euro and Swiss Franc. A lineup of Fed officials today will provide commentary that could