DAX

European Central Bank President Christine Lagarde said on Monday that the ECB had increasingly observed indirect inflation effects spreading across the economy in recent weeks. In an interview with Radio France, Lagarde said that "[¡Indirect effects of inflation, we have absolutely started to see that more or less everywhere in recent weeks." She said that ...

President Donald Trump has warned France must scrap a 3% tech “sales tax” or face 100% tariffs on U.S. imports of its wines and champagne, the NY Post reported Monday. The president issued the threat ahead of this week’s G7 summit in Évian-les-Bains, France. “I asked [President Emmanuel Macron] not to charge American companies, and if they do, I have no ...

*US OIL RESERVE HITS 43-YEAR LOW AS TRUMP AIMS TO TAME GAS PRICE

Financial media, academic work and analyst reports are replete with references to a multipolar international currency system, including discussions about the fate of dollar dominance and prospects for alternatives. But what is a multipolar currency system? There is no uniform definition, and this article does not seek to create one. Analysts should be ...

Fox Corp. will buy streaming giant Roku in a deal valued at $22 billion, the companies announced Monday. The deal will allow Fox to expand beyond its cable TV audience and into Roku's massive streaming user base, which includes 100 million U.S. households. Roku spun out of Netflix in 2008, with founder and CEO Anthony Wood focused on creating a streaming ...

Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index ...

The industrial production in the United States increased by 0.1% in May compared to April, according to the latest report by the Federal Reserve Board on Monday. On a yearly basis, the industrial output improved by 1.7%. Manufacturing was stable compared to April, but rose by 1.4% year-on-year, mining added 1.3% and 2%, respectively, and utilities fell by ...

After posting strong growth last month, business activity increased modestly in New York State in June, according to firms responding to the Empire State Manufacturing Survey. The headline general business conditions index remained positive but fell fourteen points to 5.7. New orders and shipments both moved higher, and unfilled orders increased. Delivery ...

Last Wednesday’s CPI report, while not a surprise, still showed a year-over-year inflation rate of 4.2% - higher than in any month since April, 2023. For investors, this raises a number of questions. First, is this the peak for U.S. inflation and, if it is, how fast will inflation fall from here? Second, are we looking at the right inflation rate, anyway, ...

After numerous false dawns, a deal has finally been struck. Today, we're look at how global assets have performed during the conflict, from the close before the first strikes on February 28th to last Friday's close. We'll also examine the shifts in 10-year government bond yields over the same period. The story is largely self-explanatory: a fascinating ...