Pound Hits Ceiling
The British Pound is testing the $1.2400 level this week, above which it failed to […]
S&P 500 Rally Suggests Falling Recession Odds – Earnings Could Change that
The S&P 500 was flat yesterday, as investors tried to make sense of the deluge […]
GBP/USD Slips on Record Debt, Soft PMIs
The British pound has posted slight gains on Tuesday. In the European session, GBP/USD is […]
Global Flash PMIs, and the Return of Investor Optimism?
At the conclusion of the latest WEF meeting in Davos, many of the leaders there […]
Week Ahead – Earnings Season a Highlight
US It will be a busy week filled with the first look at Q4 GDP, […]
Week Ahead – BoC May Hike One Final Time; Will Flash PMIs Spread Gloom or Optimism?
As 2023 gets underway, so do the central bank meetings and the Bank of Canada […]
Weekly Focus – Risk Sentiment on the Back Foot
Weak US economic data brought a setback to the soft landing narrative and start-of-the-year risk […]
It’s Going to be a Bumpy Ride
It’s been another eventful week and one that serves to remind us that while there […]
Pound Edges Lower as Retail Sales Slump
The British pound has edged lower on Friday. In the European session, GBP/USD is trading […]
UK retail sales volume down -1.0% mom in Dec, value down -1.2% mom
UK retail sales volume declined -1.0% mom in December, much worse than expectation of 0.4% […]
Netflix Up, P&G Down
The S&P500 traded lower for a third day, the US yields rebounded, as the US […]
UK PMI composite hit 24-month low, decline rate remains only modest
UK PMI Manufacturing rose from 45.3 to 46.7 in January, above expectation of 45.4. However, […]