IEUS

A Falling Euro Is Not The ECB's Biggest Headache

ING says falling euro is not the ECB’s biggest concern on the road to a June rate cut. Other factors can lead to a further depreciation of the common currency. The euro has dropped 4 percent against the US dollar since the start of the year. Euro's fundamentals are stronger than in 2022, says ING.

Can a single capital markets union help European competitiveness?

Can a single capital markets union help European competitiveness? The main idea aims to diversify funding sources across the bloc and facilitate cross-border investment. The new plan aims to replace oversight of 27 member states' capital markets with one single market. The EU leaders are looking at a proposal for a single European capital market union.

Decent Eurozone Production Figures Are No Break From A Weak Trend

Weekly Report: what happened at IEUS last week (0408-0412)?

Weekly Commentary: Trouble Brewing In Financial Asset Wonderland

Doug Noland: The Fed's misguided dovish pivot unleashed precariously loose market conditions. He says the market is in the midst of a bubble. He argues that Bubbles can inflate to unimaginable extremes - and then quadruple. Noland says the late-cycle fear of Bubbles is missing out on the reality.

Where We Stand

ECB's Press Conference Signals Its First Cut Will Be Hawkish

ING: ECB's Press Conference Signals Its First Cut Will be Hawkish. European Central Bank has kept all policy interest rates unchanged. Inflationary pressures have decreased. The ECB's assessment of the eurozone economy has not changed since the March meeting. First cut will be a hawkish move, says ING.

Dollar Consolidates But Adjustment Is Not Over

Higher than expected US CPI for the third consecutive month drove US interest rates sharply higher and lifted the greenback broadly. The market appears to be catching its breath today, but the shallow consolidation suggests the moves are not over. The dollar has reached nearly JPY153.30. Gold fell by about $18.75 an ounce yesterday, its largest loss in about a month.