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44 minutes ago
Lagarde speech: Not pre-committing to a particular rate path
European Central Bank (ECB) President Christine Lagarde said on Friday that the disinflation process in the Eurozone is well on track, per Reuters.
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1 hour ago
Chinese Embassy: US and China are not having any negotiations on tariffs
The United States and China are not engaged in any talks on tariffs, the Chinese embassy said on Friday, according to Reuters.
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1 hour ago
Temporary setback for Gold? – Commerzbank
After US President Trump backtracked significantly on both tariffs against China and the dismissal of Fed Chair Powell, the price of Gold temporarily fell back below $3,300 per troy ounce, Commerzbank's FX analyst Thu Lan Nguyen notes.
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1 hour ago
Kazakhstan puts OPEC+ cohesion to the test – Commerzbank
Given this situation, it is hardly conceivable that Kazakhstan will limit oil production as planned, let alone compensate for the current overproduction with larger production cuts, Commerzbank's commodity analyst Carsten Fritsch notes.