Sadly enough but true. Inflation and economy is down the drain and yet ECB will deliver another hike. On the positive it will be shortlived and before ECB know they will find themselves lowering the rates again. Truth is that rates at this level ...

No pause in sight as ECB eyes next rate hike

anybody listen to the happy go lucky amateurs from Nordea?

More needs to be done…

Look at the interpretation in the bond market (:

Unemployment Insurance Weekly Claims

Maybe an outlier or first signs of a crack in the rock?

Unemployment Insurance Weekly Claims

Those guys would never be traders. They dont have the time to wait for prices to hit their level. Instead they are the kind of persons who keep adding to losers until they receive margin calls and go bust.

ECB's Knot: Not convinced that current tightening is sufficient

All major countries will be in recession by then unless central banks stop hiking. My bet is that we will see cuts sooner than we think.

Australia’s Treasurer Chalmers: Rise in Interest Rates is Clearly Biting, Growth Momentum in...

Only proves where things are headed. Unfortunately.

China’s May Trade Balance: Surplus shrinks as exports tumble

Interesting.

China Asks Big Banks to Cut Deposit Rates Again to Boost Economy

In US or China?

White House: Seeing Increasing Level Of Aggressiveness By China's Military; US Prepared To...

No its not. Maybe it is if you watch CNN. I dont (:

Saudi Energy Minister: The Saudis are fed up with OPEC members not meeting oil output goals

Who else is to blame? Russia could be such a rich country (and the same could be said about other oil nations). And no "rich" doesnt refer to a few but society as a whole (:

Saudi Energy Minister: The Saudis are fed up with OPEC members not meeting oil output goals

She is definitively going to kill the last life.

ECB’s Lagarde Says Price Pressures Strong, Rate to Rise More

Saudis starting to lose faith in Russia. Only natural since the markets are flooded with cheap Russian oil.

Saudi Energy Minister: The Saudis are fed up with OPEC members not meeting oil output goals

Bearish on EU or not DAX is just lifting. Obviously the economic situation has turned around in the EU. Things will imho not change to the better before rates are cut and I beleve thats gonna happen sooner rather than later. And when it happnes ...

Germany's economy not a summer fairy tale

Trying to make sense of things will make you poor. These numbers are baked into the market looong before you see it. Just trade what you see and follow the tail of the big boys. Probably today many retailers went sell-mode because the numbers were ...

The Employment Situation -- May 2023

The trend is down (:

Euro area annual inflation down to 6.1%

Sure, with recessions all over the place and the hikes already done still to sink surely hiking another couple of times is the right thing to do. How do these people get these kind of jobs? who do I need to screw?

Muller: Very likely that ECB will hike by 25 bps more than once

was the number not annualized? so the 1.3 is annual not quarterly

Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), First Quarter...

It is, there is absolutely nothing in the surrounding environment that supports a continued higher inflation except from greed.

ECB’s Lane: Inflation will return to target in a timely manner; Food inflation will reverse...

So true thete are many signals pointing this direction. CB need to let changes sink in. They are like kids who dont get the candyfloss.

Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), First Quarter...