Euro Weakens Sharply, Sterling and Swiss Franc Also Under Pressure
Euro stole the limelight last week with a steep selloff triggered by poor activity data. […]
Markets Weekly Outlook – Inflation Data & Geopolitics to Dominate
Weak PMI data from Europe and the UK raise concerns about global economic outlook and […]
Weekly Economic & Financial Commentary: How Much Will the Fed Cut Rates?
United States: Back-up in Mortgage Rates a Setback for Housing The residential sector was in […]
Euro and Sterling Under Fire after PMIs, Swiss Franc Reverses Gains
European majors are experiencing significant selling pressure today, with Euro leading the declines. Euro sharply […]
British Retail Sales Decline, Pound Extends Losses
The British pound is lower for a straight third trading day on Friday. In the […]
Rising Geopolitical Tensions Will Likely Limit Any Rebound Potential for the Single Currency
Markets This week’s consolidation pattern on bond markets simply continued yesterday. Lower weekly jobless claims […]
UK retail sales drop sharply by -0.7% mom in Oct, but broader trends show resilience
UK retail sales volumes plunged by -0.7% mom in October, significantly underperforming expectations of a […]
Cliff Notes: Calm Conditions
Key insights from the week that was. In Australia, the RBA’s November Meeting Minutes provided […]
US Money Markets Now Put Probability of 25 bps Fed Rate Cut in December at Only 50%
Markets Geopolitical developments keep hijacking headlines. Risk sentiment improved at the start of yesterday’s trading […]
The Beginning of the Worries
Nvidia announced another very strong quarter after the bell. The company surpassed its own revenue […]
Euro Area Consumer Confidence Out Today
In focus today Today, in the euro area we receive data on consumer confidence for […]
UK PMI composite fall to 49.9, slips into contraction as post-budget sentiment worsens
UK economic activity weakened in November, with the Composite PMI falling from 51.8 to 49.9, […]