French markets, euro battered as government collapses

French markets, euro battered as government collapses
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French markets, euro battered as government collapses
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NEW YORK, Dec 24 (Reuters) – Short interest on the New York Stock Exchange rose 2.4 percent in mid-December, the exchange said on Tuesday. As of Dec. 13, short interest rose to about 16.155 billion shares, compared with 15.784 billion shares as of Nov. 29. Investors who sell securities short borrow shares and then sell…
Survey data points to some weaker prospects in the near term Higher tariffs, stronger euro to make exports harder Defense and infrastructure investment to bolster growth I will update as headlines cross. This article was written by Adam Button at www.forexlive.com. Source link
Summary The European Central Bank (ECB) delivered a widely expected 25 bps cut to its Deposit Rate to 3.50% at today’s monetary policy announcement, but remained relatively cautious about the pace of future easing. The ECB said domestic inflation and wages are elevated, but that labor cost pressures are moderating. The ECB was also guarded…
Currency market volatility is hovering near its lowest levels in two months as investors carefully assess key influencing factors. The potential for a truce in Ukraine is undoubtedly a factor, reflected in Eastern European asset prices. However, the looming threat of tariffs remains significant and could quickly inject risk premiums back into affected currencies. Expect…
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