UK Data Could Further Ease Recession Fears, But Can It Lift the Pound?
Economic output stats for January will kick off this month’s data releases for the UK […]
Week Ahead – A Pivotal Moment
US The US has a very busy week ahead. The two main events are Fed […]
Weekly Focus – US Jobs Growth in Focus
Markets remain caught between the soft-landing vs overheating narrative. On the one hand, the challenge […]
Yen and Franc Recover as Benchmark Yields Retreat
Yen and Swiss Franc recovered today following pullback in benchmark US and European yields. Dollar […]
UK PMI services finalized at 53.5, fading recession fears and improving business confidence
UK PMI Services was finalized at 53.5 in February, up from January’s 48.6. PMI Composite […]
BoE Pill: Current momentum in economic activity may be slightly stronger than anticipated
In a speech, BoE Chief Economist Huw Pill said that “current momentum in economic activity […]
Will Sunak’s Deal Put Brexit Row to Bed?
Rishi Sunak is making his first Brexit debut in efforts to resolve the long-running dispute […]
Actual Attention Goes to European Inflation Number
Markets German inflation joined the French and Spanish example by surprising to the upside. It […]
EUR/GBP jumps on constrasting comments of ECB Nagel and BoE Bailey
EUR/GBP rebounds strongly on a contrasting comments from Bundesbank President Joachim Nagel and BoE Governor […]
BoE Bailey: Some further hike may be appropriate, but nothing is decided
BoE Governor Andrew Bailey said in a speech, “I would caution against suggesting either that […]
UK PMI manufacturing finalized at 49.3 in Feb, showed encouraging signs of resilience
UK PMI Manufacturing was finalized at 49.3 in February, up from January’s 47.0. That’s the […]
UK PMI construction rose to 54.6, returned to growth with increasing optimism
UK PMI Construction rose sharply from 48.4 to 54.6 in February, well above expectation of […]