Major Wall Street indexes were lower on Tuesday, with the tech-heavy Nasdaq hitting a 6-week low, as Treasury yields tumbled on signs of softening U.S. growth and uncertainty over Trump administration policies.
U.S. indexes bucked steady global equity markets overnight and Treasury yields fell to 2-1/2 month lows, trading off signs of softening U.S. growth and uncertainty over Trump administration policies while Germany's election result was buoying the euro.
A key measure of euro-area pay growth eased at the end of 2024, supporting European Central Bank plans to keep cutting interest rates as inflation slows.
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Euro retreats from highs as German coalition talks eyed, dollar dips
Dollar Little Changed as Euro Sees Support from German Election Results
Euro Strengthens After German Election, but US Tariffs Cast Long Shadow
German stocks, led by defense manufacturers, saw strong gains after Friedrich Merz’s conservatives won the election. The euro strengthened above 1.05, but prolonged coalition talks
This season's Euro adventure, which finally saw a more mature Celtic on the big stage, must now be viewed as a platform for the club to build on. And what an opportunity to do so.
After reaching a multi-week high at the weekly opening, EUR/USD lost its traction and closed the day flat below 1.0500. The pair moves up and down in a very tight channel above 1.0450 as investors await key macroeconomic data releases.
The Russian ruble has seen a dramatic drop against the US dollar and euro in a fresh blow for the country's economy and Vladimir Putin. Exchange rate data suggests that this morning the currency fell lower than 86 rubles against the dollar, and below 90 rubles for the euro.
Bulgaria is set to request the European Union’s assessment on its readiness to join the euro area early next year, highlighting the government’s determination to move toward the single currency.
Spain will provide Ukraine with a new military aid package worth 1 billion euros ($1.05 billion) this year, Prime Minister Pedro Sanchez said on Monday in Kyiv during an international meeting held on the third anniversary of Russia's invasion.
Vice President JD Vance's speech to the Munich Security Conference is still making waves in Europe, according to Kevin Roberts and Rep. Harriet Hageman.
Littio, a Colombian fintech focused on protecting Latin Americans from devaluation through various dollar-based product offerings, is launching a new EURO account and savings option, using Circle’s EURC and OpenTrade 's real-world asset (RWA)-backed stablecoin yield platform via the Avalanche network.
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