More from Bloomberg after Frau Merkel made a weekend speech to her CDU party in Berlin.
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Merkel shows no sign of softening opposition to Euro bonds
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Japan data, May 2026: Wage miss but growth solid, Household spending better than expected
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- New Zealand dollar gains seen limited even if RBNZ hikes this week
- MUFG expects EUR/USD to recover toward 1.1800 as confidence improves
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- Fed's Waller and Warsh diverge over role of forward guidance. Public split at the Fed?
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Japan data, May 2026: Wage miss but growth solid, Household spending better than expected
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ING expects the RBNZ to deliver a 25bp insurance rate hike to 2.50% on Wednesday despite collapsing oil prices, though it warns the move could be a one-off and sees limited follow-through support for the New Zealand dollar.
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EUR/USD is testing the base of its 1.1400-1.1800 range, but MUFG expects a rebound toward the top of that range as euro area growth proves more resilient than feared and business confidence recovers from the energy shock.
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US equity index futures have leapt higher at the Globex reopen - lower inflation?
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