US Consumer Confidence surprises markets

Source: Dukascopy Bank SA
The release of a higher than forecast August US Consumer Confidence index has strengthened the case that the odds for a US recession have decreased. Markets expected the index to show a reading of 100.9 instead of the released 103.3.
Back to articles

Actual Topics

Thu, 29 Aug 2024 08:16:39 GMT

Spanish CPI moves the Euro

On Thursday morning, the publication of the Spanish Flash CPI revealed information that inflation in the Euro Zone might be far below what was previously assumed. The Spanish Flash CPI was expected to show a stunning decline of inflation, down to 2.4% from the previous 2.8%. The actual data was 2.2%, which is almost at the ECB target.

Thu, 29 Aug 2024 18:30:03 GMT

JPMorgan gets sued over low rates

JPMorgan Chase has been sued for allegedly using the bank's cash sweep program to short-change customers while pretending to act as fiduciary. In general, the bank is accused of sweeping customer's idle cash into accounts with low interest rates.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.