Europe’s financial sector is entering a new phase this week as the EU’s Instant Payments Regulation reaches its final implementation deadline. From October 9, banks and payment service providers (PSPs) across the bloc must be able to process and send instant euro payments around the clock and for virtually any amount. Join stablecoin builders in…
Markets US yields currently are changing between +1.5 bps (2-y) and 0.5 bps (30-y). Similar story for the German yield curve (2-y +0.5 bps; 30 y -1 bp). This looks like being the new normal, potentially for some time to come. Admittedly, the US services ISM still to be released after finishing this report, gives…
No matter how strong the trend, corrections are inevitable. The EURUSD pullback was driven by the closing of speculative longs after the Fed cut the federal funds rate, the fall in US stock indices, and strong macroeconomic data. However, as soon as investors bought up the S&P 500 dip and Fed officials started talking about…
Markets Aaaand they’re back at the center of attention again. UK gilts underperform compared to Bunds and Treasuries, especially – you guessed it – at the long end of the curve. The 10-30 year bucket adds 5 bps. A string of sub-par UK gilt auctions this week has been the trigger. While Debt Management Office…
Markets entered last week with elevated anticipated and left with even sharper convictions. Weak U.S. labor data tilted sentiment decisively toward faster Fed easing, while equity markets used that prospect as a springboard to yet another round of record highs. Bond markets echoed that view. US 10-year yield broke briefly below 4%, sending a signal…
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave key rates unchanged at the September policy meeting and responds to questions from the press. Join our ECB Live Coverage here ECB press conference key takeaways “Growth shows resilience of domestic demand.” “GDP data reflects Q1 front-loading.” “Investment should be…
The Euro is losing ground against the US Dollar on Tuesday, snapping a two-day winning streak as the Greenback regains traction. The BLS reported that payrolls were overstated by 911,000 jobs through March 2025, confirming that the labor market has been cooling more sharply than previously reported. Investors are awaiting comments from ECB Governing Council…
Worldviews Newsquawk Week Ahead September 6, 2025 /Posted byGVI Forex / 599 / Source link
European Central Bank President Christine Lagarde warned that the EU must close gaps in stablecoin regulation to avoid destabilizing runs on reserves, Reuters reported. She told lawmakers that both EU and foreign issuers should face equal requirements. Stablecoin Risks Under EU Rules The EU’s Markets in Crypto-Assets Regulation (MiCAR) requires stablecoins to be fully backed….
ECB’s July meeting accounts highlighted that, while current conditions remain consistent with another rate cut, policymakers see a “high option value” in waiting until September. Rates were judged to be in “broadly neutral territory” after eight cuts in nine meetings, financial conditions remained stable, and inflation was viewed as “in a good place” relative to…