Market Overview Analysis by Alfonso Peccatiello covering: EUR/USD, USD/JPY, US Dollar Index Futures, United States 10-Year. Read Alfonso Peccatiello's latest article on Investing.com
Lagarde keeps throwing fuel on the fire as the European economy is already feeling the tightening much harder and faster than the US: but why?This is a function of ECB tightening but also of the fact that the European private sector enjoyed amazingly cheap borrowing rates for so long – and hence the change of tune is felt much harder.
That’s a serious tightening of borrowing conditions which is biting into the European economy pretty hard. As you can see, Europe faces a tough task next year: European companies will need to refinance 25% of their borrowing needs in 2024 and they will have to do it at borrowing rates that are much higher than what they are used to.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NYC Mayor Eric Adams Gives Diddy a Key to the City During Ceremony in Times Square“The bad boy of entertainment is getting the key to the city from the bad boy of politics!” the mayor said.
Read more »
The Key to a Successful EV Road Trip — Overnight ChargingSign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Over the past three summers, our family of four has driven around 12,000 miles, across 20+ states, on our now annual electric vehicle road trip. After many days on the road, we can confidently say that one of the […]
Read more »
With its playoff clock ticking, D.C. United gets key draw at CharlotteUnited holds the Eastern Conference’s final postseason spot, but Charlotte FC isn’t far behind. Saturday night’s scoreless draw gave the visitors a boost.
Read more »
Key moments from Donald Trump's 'Meet the Press' interviewThe former president said whether he fears going to prison during his interview with Kristen Welker.
Read more »
Millennials, often blamed for killing products, expected to boost key drink market: StudyThe instant coffee market is projected to grow at a CAGR of 5.11% thanks to millennials and disposable income increases in Brazil, China & India, according to Research and Markets.
Read more »
| Why Kamala Harris could be key to a Biden win in 2024It may turn out that no one is better suited to mobilize young voters.
Read more »