Ouch
Sometimes, the truth is hard to say—and even harder to hear. The Federal Reserve (Fed) […]
UK Inflation Jumps to 8-mth High, Pound Shrugs
British pound is showing little movement on Wednesday. Early in the North American session, GBP/USD […]
We May See Kneejerk Downleg in US (front-end) Yields and Dollar After Dot Plot Release
Markets Retail sales for November were solid on face value though the details offered a […]
Who Pays the Bill?
Canada joined the global political gloom. The sudden resignation of the finance minister on Monday […]
Fed Cut Coming Up
In focus today Focus today will be on tonight’s FOMC meeting. We expect a 25bp […]
Pound Steady After Hot UK Wage Growth, CPI Next
The British pound is showing little movement on Tuesday, after jumping 0.57% a day earlier. […]
UK job numbers decline, but wage growth remains elevated
UK labor market showed signs of softening in November, with payrolled employment falling by -35k […]
Recovering PMIs
In focus today In the afternoon, US November retail sales and industrial production are due […]
Bank of England Preview – Christmas Pause in Cutting Cycle
We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 4.75% […]
Pound Higher as Services PMI Rises, Job Report Next
The British pound has moved higher on Monday, after declining 1% last week. In the […]
UK PMI composite unchanged at 50.5, triple whammy of growth, employment and inflation
UK PMI Manufacturing PMI slipped from 48.0 to 47.3, an 11-month low. Services PMI improved […]
UK CPI accelerates to 2.6% in Nov, core CPI up to 3.5%
UK CPI accelerated from 2.3% yoy to 2.6% yoy in November, matched expectations.Core CPI, (excluding […]