UK PMI services finalized at 55.2, strong growth so far in Q2
UK PMI Services was finalized at 55.2 in May, down slightly from April’s 55.9. S&P […]
Dollar Profited from the Rate Support
Markets US payrolls delivered once more in May. The Bureau of Labour Statistics reported a […]
Week Ahead – Will OPEC+ Announce Another Cut? Deflationary Spiral in China?
OPEC+ Oil prices are rallying at the end of the week, perhaps a sign of […]
British Pound: A Silent Power Among the Majors
Despite coming under some pressure against its US counterpart lately, the British pound remains the […]
UK PMI manufacturing finalized at 47.1, downturn deepened
UK PMI Manufacturing was finalized at 47.1 in May, down from April’s 47.8, hitting the […]
Dollar Mixed Ahead of ADP and ISM, Euro Eyes CPI
Dollar turned mixed in Asian session as traders are awaiting fresh inspirations from economic data […]
BoE Mann: Inflation gap in the UK more persistent than others
BoE policymaker, Catherine Mann, has highlighted the unique and mounting inflation problem that Britain is […]
Technical Graphs in US Yields Don’t Suggest a Turnaround
Markets On Friday, strong US eco data (durable goods orders, spending and income data and, […]
Weekly Economic & Financial Commentary: Long Holiday Weekend Clouded by Debt Ceiling
Summary United States: Long Holiday Weekend Clouded by Debt Ceiling With a deal on the […]
Week Ahead – Turkey Decides, Crucial US Jobs Report, X-Date Fast Approaching
US Wall Street is starting to get nervous as we near the X-date. A US […]
Another Setback for Central Banks as Inflation Remains Stubborn and Spending Strong
Investors may have underestimated the pace of disinflation this year if economic data this week […]
UK PMI construction rose to 51.6, mixed picture
UK PMI Construction rose from 51.1 to 51.6 in May, above expectation of 50.9. S&P […]