The possibility of a US recession has ignited intense debates, especially as the labor market and consumer spending continue to demonstrate resilience despite aggressive interest rate hikes. However, hold on to your hats because Deutsche Bank is bringing a bold statement. They see a 100% probability of a US recession unfolding.
Tag - eur
The Fed key rate was left at the same 5.25% level. Today we are waiting for the ECB decision.
According to the CME Fed Watch Tool, with an 89.6% probability, the Fed will leave the rate at the current level (5.25%). What will happen on the markets soon?
Bloomberg Economics says inflation will slow down from 4.9% to 4.0% due to the high base effect. JP225 breaks above its all-time high and more in FBS daily news report!
GDP in Europe is decreasing, but EURUSD jumped owing to the US labor market statistics.
Saudi Arabia agreed to cut oil production. What will happen with the oil price now?
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
The Chinese economy is slowing down, while a risk that politicians will not be able to agree regarding the US national debt increases. Read the full statement to learn more!
Happy Monday, fellow traders! We are pleased to be back and share everything you need about the upcoming week!
The US Consumer sentiment will shake the market today. We are back with more news for you to enjoy!