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EUR/USD Latest – ECB Set to Cut Rates Next Week Despite Rising German Inflation
German inflation grew on an annualised basis, data released today showed, but the market still believes that the ECB will start cutting interest rates next week
British Pound Edges Up Vs USD, Market Looks To US PCE Numbers As Next Big Clue
GBP/USD managed to hold up on Wednesday in Europe despite a sparse data sheet. Still, it’s looking less comfy at the highs
FTSE 100, DAX 40 and S&P 500 look to be short-term under pressure
Outlook on FTSE 100, DAX 40 and S&P 500 amid ‘US rates higher for longer’ spiel.
Market Latest – Nvidia (NVDA) Surge Helps the Nasdaq 100 Post a Fresh Record High
AI mega-stock Nvidia leapt by 7% in US trade, helping push the Nasdaq 100 to a fresh record closing high. The US dollar remains subdued ahead of Friday’s US inflation release.
