euro area economic sentiment
Another Fine Daily Session for the Dollar
March 30, 2021
The dollar advanced 0.3% overnight on a weighted basis to a 4-5 month high. The Turkish lira took one of the largest hits; at an intraday low of 8.4595 per dollar, the lira had lost 3% but subsequently cut that slide in half. Against other currencies today, the dollar has risen 0.5% against the yen, […] More
Sharp Drop this Month in Euroland Economic Sentiment
April 29, 2019
Economic sentiment in the euro area recorded the steepest month-to-month deterioration since December, printing at a 31-month low of 104.0 versus 105.6 in March and 111.8 last June. The biggest hit was absorbed by industrial sector sentiment, which fell by 2.5 points to -4.1. Construction, retail, and consumer confidence also lost ground in April, while […] More
Less Fear about Italy, More Fear Over Trade
May 30, 2018
Highly successful Italian 10-year and 5-year sovereign debt auctions following growing incohesion among anti-euro political elements in that country alleviated one source of market strains. 10-year government bond yields fell by 24 basis points in Italy, 21 bps in Greece, 9 bps in Portugal and 4 bps in Spain. Yields, by contrast, rose 11 bps […] More
