Monthly Archives: July 2025
In June, German unemployment remained at 6.3%, with 11k employment changes against 15k forecasted
Written on July 1, 2025 at 1:48 pm, by
German unemployment rose in June to 2.97 million, nearing 3 million, but increase was smaller than expected.
The dollar weakens amidst low volatility, with equity and debt volatility decreasing more than FX
Written on July 1, 2025 at 1:43 pm, by
Dollar weakens amid low volatility; carry trades thrive; Fed Powell’s remarks and macro data eyed closely.
Manufacturing PMI in Switzerland rose to 49.6, surpassing expectations amid increasing output and orders
Written on July 1, 2025 at 1:19 pm, by
Switzerland’s manufacturing PMI improved to 49.6, signaling growth, though firms foresee rising protectionism ahead.
The 12-month Letras auction in Spain rose to 1.9%, up from 1.878% beforehand
Written on July 1, 2025 at 1:12 pm, by
Spain’s 12-month Letras yield rose to 1.9%, signaling a slight uptick in interest rates.
Escriva emphasised the ECB’s 2% target while advocating patience amid evolving economic conditions
Written on July 1, 2025 at 12:49 pm, by
The ECB remains committed to its 2% inflation target, guiding policy amid shifting economic conditions.
The auction yield for Spain’s 6-Month Letras fell to 1.872%, down from 1.89%
Written on July 1, 2025 at 12:43 pm, by
Spain’s bond rates dip; EUR/USD stable; gold, Bitcoin Cash rise; oil markets edgy amid tensions.
Bailey emphasises inflation monitoring, indicating soft labour markets and gradual interest rate reductions.
Written on July 1, 2025 at 12:19 pm, by
Governor stresses inflation vigilance, gradual interest rate path, and productivity growth amid global uncertainty and softening labour market.
Wunsch suggested that any necessary move by the ECB would involve a downward adjustment, fearing target undershoot
Written on July 1, 2025 at 11:49 am, by
ECB prioritizes stabilizing inflation, reassessing monetary policy to counter risks from persistently low inflation pressures.
The Euro strengthened towards 1.18, while the US dollar weakened, as analysts observed movements
Written on July 1, 2025 at 11:13 am, by
The Euro nears 1.18 as US Dollar weakens; ECB Forum and trade talks fuel bullish momentum.
Lane highlighted the ECB’s preparedness to address potential CPI deviations, with inflation nearing the target
Written on July 1, 2025 at 10:48 am, by
ECB officials focus on inflation risks below 2% target, incorporating 10% tariff into baseline scenario.
