EUR/USD

Macro Markets

Eurozone PMI Collapse Signals Stagflation Trap as Energy Shock Meets Growth Stall

March flash data shows composite activity at 10-month lows while input costs surge to three-year highs, leaving ECB with no viable policy path.

7 min read ·
Macro Markets

Morgan Stanley Scraps ECB Rate Cut Forecast as Middle East War Reignites Inflation Risks

Wall Street bank shifts to zero rate cuts through 2026 amid escalating Iran conflict, signaling deeper concerns about energy-driven price pressures in Europe.

9 min read ·
Macro Markets

ECB Holds Rates as Inflation Nears Target, Defying Fed Easing Cycle

Bank of France Governor Villeroy signals no immediate policy shift despite eurozone inflation climbing to 1.9%, widening monetary divergence with Washington.

7 min read ·