<ul><li>Prior -18.6</li></ul><p>There was a slight improvement in euro area investor morale but it remains uncertain whether or not this will mark a start of any reversal in overall sentiment. The expectations index showed a recovery for a third straight month but remains in negative territory at -9.8, just a slight im
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SNB total sight deposits w.e. 1 December CHF 474.1 bn vs CHF 473.7 bn prior
<ul><li>Domestic sight deposits CHF 464.1 bn vs CHF 465.3 bn prior</li></ul><p>Once again, that is little change in terms of overall sight deposits as the SNB has moved to the sidelines and not tweaking policy settings as such.</p> This article was written by Justin Low at www.forexlive.com.
ECB's de Guindos: Recent inflation data is good news
<ul><li>It's been a 'positive surprise'</li><li>But it is too early to declare victory</li><li>Increase in wages can still have an impact on inflation</li><li>Monetary policy stance will be data-dependent</li></ul><p>Expect this to be the mantra that we hear from the E
BDSwiss Introduces Dynamic Leverage and Zero-Spread Account
<p>Continuing its dedication to providing an enhanced trading experience, <a href="https://www.bdswiss.com/" target="_blank" rel="follow">BDSwiss</a> announced the launch of its upgraded account offerings, featuring the Dynamic Leverage tool and the innovative Zero-Spread Account. Rolled out on Octobe
Gold peaking too early in the cycle?
<p>Gold surged to a fresh all-time high in thin trading earlier today, touching $2,148 but has now dropped by more than $80 in a stunning reversal as we get into European trading. The fall sees gold sit 0.4% lower on the day to $2,062 and slumps back below the 2020 and 2022 highs around $2,070-75.</p><p>On […]
European equities hint at a more tepid mood at the open
<ul><li>Eurostoxx -0.1%</li><li>Germany DAX flat</li><li>France CAC 40 -0.2%</li><li>UK FTSE -0.4%</li><li>Spain IBEX +0.1%</li><li>Italy FTSE MIB -0.1%</li></ul><p>Amid a more tentative and tepid risk mood, the US dollar is finding slightly firmer footing to
Switzerland November CPI +1.4% vs +1.7% y/y expected
<ul><li>Prior +1.7%</li><li>Core CPI +1.4% y/y</li><li>Prior +1.5%</li></ul><p>The good news for the SNB is that core annual inflation is seen keeping below the 2% mark and that will give them more confidence to keep policy on hold next week.</p> This article was written by Justin Low at w
FX option expiries for 4 December 10am New York cut
<p>There are a couple to take note of for the day, as highlighted in bold.</p><p>The first being for EUR/USD at 1.0860, though the level doesn't really hold much technical significance. Trading sentiment will still largely rely on the bond market and overall risk mood but all else being equal, the expiries could act as a [&he
Germany October trade balance €17.8 billion vs €17.1 billion expected
<ul><li>Prior €16.5 billion; revised to €16.7 billion</li></ul><p>The German trade surplus expanded marginally in October, as exports declined by 0.2% on the month but imports slumped harder by 1.2% on the month.</p> This article was written by Justin Low at www.forexlive.com.
China-EU Summit to take place on Thursday this week
<p>This will be the first in-person summit between China and EU leaders since 2019. We will see Charles Michel, Ursula von der Leyen and Josep Borrell representing the EU while China will be represented by Xi Jinping and Li Qiang.</p><p>The summit is expected to last for two days with the EU stating that they want […]