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.

Inflation Progress May Be Bumpy, But Is Likely To Continue

Home Market Outlook Economy Analysis Inflation Progress May Be Bumpy, But Is Likely To Continue. Inflation cooled substantially last year, but upside surprises in early 2024 for the US and Europe have many investors concerned. Global central banks seem to be making continued progress. In inflation, inflation is improving in more major economies.

Decent Eurozone Production Figures Are No Break From A Weak Trend

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

Global Market Perspectives Q2 2024: What's Not To Like?

Home Market Outlook Today's Market Perspectives Q2 2024: What's Not To Like? U.S. Economy continues to grow, overshadowing other major global economies of 2023. With most other global economies still struggling, the U.s. Will remain the strongest global performer.

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.

Rates Spark: Limited Potential For Higher Bund Yields

Broaden Your Investment Horizons

It may be time to look beyond the U.S. For equity market performance. Looser monetary and fiscal policy could add momentum to what already appears to be a global cyclical recovery. Europe could cut its interest rates sooner than the United States. Europe's manufacturing activity could get a boost from stimulus.

Weekly Report: what happened at DBEU last week (0401-0405)?

Equity Outlook: Earnings Step Back Into The Market Spotlight

Too many companies with solid earnings growth haven’t been rewarded in narrow equity markets. Global equities advanced briskly in the first quarter. Earnings growth is poised to take center stage as a driver of stock returns for wider equity markets, says AllianceBernstein. The market's resilience reflects a potential turning point for equity investors.

Finding Victories In A Confusing First Quarter For Global Markets

Weekly Report: what happened at DBEU last week (0325-0329)?

Weekly Commentary: On Currency Watch Following Melt-Up Q1 2024

Home Market Outlook Today's Market Weekly Commentary: On Currency Watch Following Melt-Up Q1 2024. Bitcoin ended the quarter up 159% from October lows, trading at a record high. Financial conditions loosened further, building on the Fed's dovish pivot. The spectacular risk asset melt-up was ongoing.

2024 Global Market Outlook - Q2 Update: Pent-Up Exuberance

Home Market Outlook Today's Market 2024 Global Market Outlook - Q2 Update: Pent-Up Exuberance. The U.S. Economy is expected to avoid a recession in 2024, but economic uncertainty remains high. The labor market is slowing down and lower-income households are under stress.

Weekly Report: what happened at DBEU last week (0318-0322)?

Eurozone Flash PMI Shows Economy Close To Stabilising In March, Price Pressures Ease

Eurozone Flash PMI Shows Economy Close To Stabilising In March, Price Pressures Ease. Business activity in the euro area came close to stabilising in March. A modest recovery of service sector output gained momentum. Ongoing falls in output in France and Germany offset a gathering upturn in the rest of the eurozone. Manufacturing output fell across the eurozone for a twelfth successive month.

The Japanese Stock Rally May Have More Room To Run

"Abenomics," an ambitious economic plan created by late prime minister Shinzo Abe, laid the groundwork for today's Japanese stock rally. Attractive valuations, cash on the sidelines, and monetary policy could drive Japanese equities higher going forward. Abenomics was designed to pull the Japanese economy out of stagnation.

Weekly Report: what happened at DBEU last week (0311-0315)?