News & Analytic Centre

German 10Year Bond Yields Hit 5Week Low

LONDON, March 24 Reuters Germanys 10year bond yield fell to a fiveweek low on Wednesday, a sign of unease that tighter restrictions to contain a fresh wave of COVID19 could hurt the euro zone economy. Still, IHS Markits flash composite PMI, a closelytracked economic indicator, bounced above the 50 mark separating growth from contraction to […]
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Oil Prices Bounce as Ship Mishap Blocks Suez Canal

Oil futures rose Wednesday, partially recovering from a rout in the previous session after a container ship ran aground in the Suez Canal, blocking traffic through the crucial waterway. About 10 of global seaborne oil passes through the canal. This should be fixed pretty quickly though so I doubt if it will have much lasting impact, said […]
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Euro Zone Business Activity Rebounded in March

Euro zone business activity unexpectedly grew this month, a preliminary survey showed, but with much of Europe suffering a third wave of coronavirus infections and renewed lockdown measures, that may not last through April. Factories ramped up output at the fastest monthly pace in over 23 years, countering a continuing slowdown in the currency blocs […]
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