Eurozone inflation jumped to 2.5% last month, up sharply from 1.9% in February, driven almost entirely by soaring energy costs. While the headline number came in below the worst forecasts, several European Central Bank policymakers have started publicly…
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The dollar firmed overnight as investors headed for safety, but the American economy is sending mixed signals. Factories are busy – a key survey showed the manufacturing sector growing at its strongest pace in months – yet the…
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Donald Trump had a clear message for any allies grumbling about the crisis in the Middle East. “Go get your own oil”, the president announced on his Truth Social platform yesterday, sending the price of oil up towards…
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Job openings in the US economy fell by almost 400,000 in February and by more than currency markets expected. Hires decreased across all American regions, underscoring the growing economic difficulties at home that jar with President Trump’s aims…
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The eurozone reported a string of cooler than expected inflation releases in March. Headline consumer price inflation came in below expectations in France, Italy and the eurozone as a whole, boosting the euro and reducing the chance of…
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After yesterday’s batch of economic data, sterling came under pressure, ceding morning gains to the US dollar and falling to its weakest level against the euro since the start of March. Showing resilience to the inflationary forces would…
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This afternoon’s JOLTs job openings data is a crucial moment for the US dollar. In fact, the entire week presents risks to the US dollar’s safe haven status, with retail sales, unemployment data and a manufacturing report providing…
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Germany was the first major economy to report inflation data for March, when the war in Iran broke out. Headline consumer price inflation increased by an annualised 2.7%, far above the 1.9% recorded in February. Italy, France and…
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