Return to Insights

Gli USA non deludono

Dalla BCE, i principali esponenti continuano a condizionare le attese del mercato su possibili manovre attraverso interventi alquanto dovish...

Dalla BCE, i principali esponenti continuano a condizionare le attese del mercato su possibili manovre attraverso interventi alquanto dovish. Il responsabile delle politiche della Banca Centrale Europea, Peter Kazimir, dichiara infatti che l’Istituto Centrale potrà allentare gradualmente la restrizione tagliando i tassi di riferimento a giugno, dato il persistente calo dell’inflazione. Philip Lane, economista della Banca Centrale Europea, interviene invece commentando le prospettive future di inflazione. Secondo quest’ultimo, infatti, nonostante al momento si preveda che la crescita rimanga relativamente sostenuta, bisogna aspettarsi una convergenza verso il target rate nel corso del 2025.

Il dato delle vendite al dettaglio negli Stati Uniti conferma ancora una volta la resilienza dell’economia americana. La rilevazione segna infatti una crescita dell’1.1% vs 0.5% atteso.

Il nuovo Presidente della FED di New York, John Williams, commentando gli ultimi dati sull’inflazione, sminuisce l’importanza del dato e afferma quanto lo stesso non sia da considerarsi l’elemento chiave della Fed per considerare un cambiamento della sua politica.

In Regno Unito, secondo gli ultimi dati, il tasso di disoccupazione sale dal 3.9% al 4.2% su base trimestrale, mentre i salari medi segnano una crescita del 5.6% vs il 5.5% atteso. Nonostante le rilevazioni altalenanti, una luce in fondo al tunnel inizia ad intravedersi per l’economia, considerando le aspettative del mercato sui prossimi passi della BoE.

Calendario Economico

12:00 – Riunione dell’Eurogruppo
19:15 – Discorso del Presidente della FED Powell
EURUSD: 1.0615
EURGBP: 0.8535

Ready to talk FX?

Get in touch with one of our friendly and knowledgeable experts to see how FX strategy can drive commercial impact in your business.

Contact us


Find out how we have helped our clients meet their hedging requirements.

Protests in Georgia in Focus

Travel Tuesday, political turmoil in Georgia sees continued protests, application for an arrest warrant for Israeli Prime Minister and his Defence Minister announced by ICC Chief Prosecutor, and softer-than-expected German PPI.

Morning Update

Macro Monday, reports on helicopter crash that killed Iranian president, house prices continue to rise in the UK, new president sworn in for Taiwan, and what's happening this week.

Morning Update

Friday feeling, record highs for copper prices, Dow Jones surpasses 40,000 points for the first time in history, French unemployment holds at 7.5%, and today's focus on Eurozone inflation.

Morning Update

Though for Thursday, Xi visits Moscow to meet with Putin, Washington's tariffs have implications on China, latest inflation data from the US, and yesterday's attempted assassination on Robert Fico.

Inflation, Equities, and Billionaires

Word of the week Wednesday, US producer price index rises unexpectedly, yesterday's equity markets surpass previous peak, and proposed global minimum tax for the world's wealthiest billionaires.

UK Labour Data, Truth Social, and Ukrainian Grain in Focus 

Travel Tuesday, UK wage growth comes in line with previous month, rising UK unemployment, story emerges from US regarding Trump's social media company, grain shipping returns to pre-war levels for Ukraine, and Melinda Gates announces her leave from Gates Foundation.

Weekend Round-Up

Macro Monday, hopes to kickstart Chinese economy by issuing bonds, areas in Ukraine left devastated after renewed Russian attacks, and Trump promises tax cuts if he gets back into office.

GDP Indicates the UK’s Out of a Recession

Friday feeling, UK first quarter growth pulls UK out of recession, new tariffs on China from the Biden administration, a look at some all time best selling songs, and benchmark policy rate held by the BoE.

Find out more about our foreign exchange solutions
Contact us