Fx Primus Rebates

Italian bonds extend recovery into the new week

2-year yields continue to fall on the day Italy’s bond market is still picking up the pieces after the dramatic last two weeks of May, and that recovery is still ongoing as we head into trading this week. 2-year yields are now down to under 0.70% to a low of 0.68% today, after going back…

Fx Primus Rebates

Eurozone April PPI 0.0% vs +0.2% m/m expected

Latest data released by Eurostat – 4 June 2018 Flat reading on the month, and slightly lower on the yearly estimate than expected. Nonetheless, it’s a minor data point as it acts as a rough gauge of inflationary pressures – but a poor gauge considering that the fact the data is a lagging one.

Fx Primus Rebates

Eurozone June Sentix investor confidence 9.3 vs 18.5 expected

Latest data released by Sentix – 4 June 2018 A general sentiment indicator of investors’ outlook of the Eurozone economy over the next six months. A bad print there as both current situation and expectations fall. The headline reading is the weakest since October 2016. Sentix is attributing the fall mainly to Italy and trade…