Over the first two decades of the currency union, labour productivity (output per worker) in the euro area has been weak, at least when compared to other advanced economies. While productivity grew ...

I have published a series of essays assessing where we are in our inflation fight and highlighting some important questions policymakers are facing. My most recent essay was in February of this year, ...

EURUSD spiked late last week above the 55 and 200 daily Moving Averages and close to the 0.786 retracement at 1.0824 before retracing back below the 0.618 retracement at 1.0776. In three tries, EURUSD ...

The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report ...

The dollar is firmer against all the G10 currencies today. The market is somewhat less fearful of intervention and the yen is extending yesterday's losses. It is rivaling the Australian dollar for the ...

The euro rallied slightly during the early hours on Monday as it looks like we are threatening the 200 day EMA. That being said, I do think that you have to pay close attention to this area because it ...

RATES CAN BE CUT FROM JUNE IF THE PRICE PATH HOLDS. ECB'S DE COS: THE ECB IS DATA-DEPENDENT AND CAN'T COMMIT TO A SPECIFIC RATE PATH.

Japanese government bond (JGB) yields were mixed on Tuesday as the Bank of Japan (BOJ) left bond purchase offers unchanged, shifting the focus to the central bank’s summary of opinions due later this ...

Between the end of December 2023 and the end of March 2024, salaried employment in the private sector increased by 0.2% (i.e. +50,500 jobs) after -0.1% in the previous quarter (i.e. -12,600 jobs). It ...

The California Highway Patrol found 15 lbs of cocaine with a street value of $700,000 during a traffic stop in Merced Country ...

The California Highway Patrol found 15 lbs of cocaine with a street value of $700,000 during a traffic stop in Merced Country on April 27, the CHP reported. Around 3:15 p.m., a ...

Almost eight months after his death at age 79, the Los Angeles estate of financier Robert Day is available for the first time in nearly three decades, asking a jaw-dropping $150 million. Built in the ...