Piero Cingari
Economy
German economic morale soars in June: 'Confidence is picking up'
Germany’s economic sentiment soared to 47.5 in June, its highest since March, driven by stronger demand and policy support. But European stocks fell as Israel-Iran tensions escalated, oil prices rose, and investors awaited the Fed’s policy decision.
Economy
Israel-Iran crisis: How vital is the Strait of Hormuz for oil market?
Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and LNG. Experts warn that even the threat of closure could rattle markets and push energy prices sharply higher.
Markets
Israel launches major strike on Iran: What is the market fallout?
European stocks fell sharply after Israel struck Iranian nuclear sites, fuelling fears of wider conflict. Oil and gold surged on safe-haven demand, while bank shares dropped. Markets are pricing in higher geopolitical and energy supply risks.
Economy
Investing in metals: Will silver surpass its 2011 all-time high?
Silver has surged to its highest level since early 2012, fuelling speculation that it might surpass its all-time high of near $50. With strong industrial demand, tightening supply, and rising investor interest, the metal may be in the early stages of a renewed bull run.
Economy
Eurozone economy grows by 0.6%: Lagarde shuts door on July rate cut
The eurozone gross domestic product grew by 0.6% quarter-over-quarter in the first quarter of 2025, marking the strongest pace of growth since late 2022. ECB's President Christine Lagarde hinted that a July pause in rate cuts may be warranted.
Economy
Eurozone inflation falls below ECB 2% target in May: Rate cut in sight
Eurozone inflation fell to 1.9% in May, below forecasts, boosting expectations of an ECB rate cut on Thursday. Core inflation also eased to 2.4%. The euro slipped and bond yields fell as markets priced in a 25bp rate cut to 2.0%.
Economy
Eurozone private sector slips into contraction as services falter
Eurozone private sector contracted in May, with Composite PMI falling to 49.5. Services saw their sharpest drop in 16 months, while manufacturing stabilised. Business confidence hit a 19-month low, reinforcing expectations for further ECB rate cuts.
Economy
German economic sentiment rebounds in May as tariff fears ease
Germany’s economic sentiment rebounded to 25.2 in May, surpassing forecasts amid easing trade tensions and political stability. Eurozone sentiment also improved. Despite weak current conditions, optimism grows across key sectors.
Markets
German stocks drop as Merz stumbles in historic Bundestag defeat
German stocks fell and bund yields rose after Friedrich Merz failed to secure a Bundestag majority, marking a historic political setback. The DAX dropped 1.5%, with industrial stocks hit amid rising uncertainty over Germany’s economy.