Cliff Notes: Eagerly Awaiting Chair Powell at Jackson Hole
Key insights from the week that was. Following last week’s update on aggregate wage inflation, […]
How Much Trouble China’s Economy In and Is There Risk for Global Contagion?
China has long been the world’s growth engine, but that status is under threat as […]
Sunset Market Comentary
Markets: Trading today developed in some kind of interlude as investors pondered the consequences of […]
Japan Yen’s Mini-Rally Fizzles, Tokyo Core CPI Next
Tokyo Core CPI expected to tick lower to 2.9% US to release jobless claims and […]
GBP/USD Bounces Back after Falling 1% in One Day
The publication of news on the UK PMI index yesterday signaled an acceleration of the […]
EUR/USD Dips Ahead of US Jobless Claims, Durable Goods Orders
Euro yawns after weak German and eurozone PMIs US to release unemployment claims and durable […]
Bitcoin: Bounce, Rally Yet to Start
Market picture Crypto market capitalisation was up 1.6% over 24 hours to $1.066 trillion, with […]
Today’s Eco Calendar Unlikely to Inspire Trading
Markets Global PMI’s called off ongoing tests of key technical resistance levels (cycle highs) in […]
Weak PMI Data Set Tone for Markets
Market movers today The data calendar is relatively light today, with US capital goods orders […]
Amazing Nvidia
Nvidia announced STUNNING results when it released its Q2 earnings yesterday after the bell. The […]
Rate Expectations Pared Back as PMIs Point to Recession
European stocks have given back the bulk of their gains this morning as flash PMI […]
Canada: Retail Sales Eke Out Another Gain in June Finishing Second Quarter on a Weaker Note
Retail sales rose 0.1% month-on-month (m/m) in June, coming in a tad stronger than the […]