GLADIOGLADIOTrading

News

Market news: headline, short summary and source. Read the full story at the source.

ForexForexLive

Euro area inflation nudges up in August to 3.2% as energy prices jump

Eurozone August final CPI +3.2% vs +3.3% y/y expected Prior +2.9% Eurozone August final core CPI +2.4% vs +2.4% y/y expected Prior +2.5% The breakdownThe final estimate shows a mild revision lower to headline annual inflation, recording 3.2% in August. The monthly estimate still reaffirms a 0.4% move higher in consumer prices, pushing up the annual rate to the highest since May. Energy price…

ForexForexLive

Long-end Treasury yields stay calm as markets digest the Fed

There are plenty of ways to pick apart the market reaction to the Fed, but I think the one that matters most right now is happening in the bond market. More specifically, at the long-end of the curve. 10-year Treasury yields are still hovering just below 5% after the Fed raised interest rates by 25 bps and delivered what was, on balance, a fairly hawkish message. It briefly dipped as low as…

ForexForexLive

Trump reaches for tariffs again as EU opens door to Canada 'associate membership'

After the EU talked about pulling Canada closer to its orbit yesterday, it was only a matter of time before we see Trump respond with his distaste and displeasure over the situation. And you can probably guess what his go-to response was to that. Yes, tariffs. Again. The EU opened the door for Canada to become the bloc's first-ever "associate member", in an attempt to deepen trade and security…

ForexForexLive

What are the main events for today?

EUROPEAN SESSION In the European session, we have the BoE rate decision. The central bank is expected to keep the Bank Rate unchanged at 3.75% with a 6-3 vote split, while keeping a tigthening bias. The BoE has enough reasons to stay put for now, following a soft UK employment report and benign inflation data. The market is pricing in 42 bps of tightening by year-end and a total of 102 bps by the…

News text belongs to its source; only the headline and a short summary appear here.