Following strong U.S. job data, stocks and currencies recovered after a brief dip. Emerging market currencies and stocks pared some of their gains on Friday after a much stronger-than-expected increase in US payrolls bolstered the case for another major interest…
Continue ReadingEuro edges higher with focus on ECB, dollar retreats The euro rose on Monday as markets focused on European Central Bank tools to fight fragmentation in the currency bloc, shrugging off the risk of political gridlock in France for now…
Continue ReadingItaly's yields fall ahead of the ECB meeting, as markets increase their bets on ECB hikes. Benchmark Italian yields fell on Monday following news that the European Central Bank was planning a new bond-buying program to assist vulnerable economies, even…
Continue ReadingThe dollar rose after job growth in the United States exceeded expectations. The US dollar edged higher against a basket of currencies on Friday, as a better-than-expected US employment report pointed to a tight labor market, which could lead to…
Continue ReadingGerman inflation has reached a four-decade high as a result of rising energy prices. In April, German inflation reached its highest level in more than four decades, fueled by natural gas and mineral oil prices that have skyrocketed since Russia's…
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