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Market Analysis: Wall Street optimistic ahead of inflation news
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Economic Calendar: US Labour Market and ISM Manufacturing PMI Data, RBA and OPEC+ Meetings
The start of October brings plenty of macro data for traders to analyse as high inflation and low growth continue to weigh heavily on central bankers' and politicians' minds. ISM Manufacturing PMI (17:00 GMT+3) from the States gets
Market Analysis: Dollar Falls After Inflation Data Release
EUR/USDThe euro rose on Friday following the release of softer-than-expected US inflation data. The data showed that the price index for personal consumption expenditures (PCE), excluding volatile components of food and energy, increased 3.9% year-on-year in August, the
Euro Analysis: ECB Cautions Against Rate Cuts Amid Inflation Battle
Luis de Guindos, the Vice-President of the European Central Bank (ECB), has firmly dismissed the notion of rate cuts as "premature" amidst the ongoing struggle to combat surging inflation. Speaking to the Financial Times, he cautioned that overcoming the final