ECB’s Välimäki: Don't see a stagflation prospect in the euro area

“We don't see a stagflation prospect in the euro area, European Central Bank (ECB) Governing Council member,” Tuomas Välimäki, said on Tuesday.

“It appears we can avoid a wage-price spiral in the eurozone,” Välimäki added.

Oct 3, 2023

DXY on track to hit 108.00 on another bearish leg to 4.75% in US 10-year bonds – ING

Monday’s price action set markets back on the short-bonds/long-USD track that has been the norm since mid-July. Economists at ING analyze USD outlook.

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Oct 3, 2023

GBP/JPY sees more downside below 180.50 as BoJ’ intervention seems inevitable

The GBP/JPY pair attracts bids near 180.50 while the broader bias remains bearish as a stealth intervention by the Bank of Japan (BoJ) in the FX domai

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