OANDA Archives - Financial Mirror

Eurozone disinflation accelerates as markets price in rate cut

By Craig Erlam Eurozone inflation fell further than expected in October, leaving the headline HICP rate within touching distance of the ECB’s 2% target. While policymakers have continued to push back against

1st December 2023

Markets/World

Relaxed start to the week, focus on OPEC+

By Craig Erlam It’s been a calm start to the week which isn’t entirely surprising given the lack of events on the calendar. That said, things are expected to pick up with

28th November 2023

Markets/World

Germany on brink of recession, UK confidence improves

By Craig Erlam A quiet end to the week with European indices treading water and economic data highlighting the challenges facing the bloc. Nowhere is that more evident than in Germany which

24th November 2023

Markets/World

Encouraging surveys from Europe, but a long way to go

By Craig Erlam Thursday was relatively slow in the markets, as you’d expect due to the US Thanksgiving bank holiday, but there were some releases and OPEC+ speculation that kept things interesting.

24th November 2023

Markets/World

BoE continues to push back against expectations

By Craig Erlam The Bank of England used its monetary policy report hearing to once more push back against market expectations on rate cuts next year. A lot of the comments echoed

22nd November 2023

Markets/World

BoE’s Greene pushes back against interest rate expectations

By Craig Erlam We saw a more muted session in financial markets on Thursday following a couple of days in which investors have been very encouraged by the economic data. Inflation figures

17th November 2023

Markets/World

Traders eye inflation reports, OPEC pushes back

By Craig Erlam It’s been a relatively uneventful start to the week, but the next couple of days could be hugely important as the US and UK release inflation figures for October.

13th November 2023

Markets/World

Central bankers continue to push back without success

By Craig Erlam We continue to see sluggish trade in equity markets, with investors battling hawkish commentary from central banks against downbeat economic expectations and speculation around rate cuts next year. Even

8th November 2023

Markets/World

Rally running on fumes after Fed and NFP boost

By Craig Erlam It was a relatively subdued start to trading on Monday and the US saw a similar open, with stock markets struggling to maintain the momentum from the second half

6th November 2023

Markets/World

Jobs report favours Fed, PMIs indicate slowing services

By Craig Erlam The Federal Reserve could not have hoped for a better NFP jobs report on Friday, but it will need to be one of a number of positive economic reports

3rd November 2023

Markets/World