The Two-Month Pound Correction Not Over Yet
Business activity in the UK is losing ground, as is the case in Europe and […]
GBP/USD Breaks Down Amid Global Risk-Aversion
EU and China Service PMIs drive global growth concerns UK Final Services PMI revised higher […]
RBA Remains on Hold, Chinese Sluggish Recovery Continues, UK Retail Sales Bounce Back
The Australian dollar fell further this morning despite the RBA holding interest rates steady and […]
Week Ahead – RBA rate decision, Fed speak and BoE monetary policy hearing
US The month started with a bang with the US jobs report but the following […]
UK PMI manufacturing finalized at 43, deepening downturn
UK PMI Manufacturing was finalized at 43.0 in August, down from 45.3 in July. This […]
BoE Pill: Current emphasis on sufficiently restrictive policy for sufficiently long
In a speech in South Africa today, BoE Chief Economist Huw Pill underscored the importance […]
Week Ahead – Focus Shifts Back to Data after Jackson Hole, NFP the Highlight
US Now that we heard from Fed Chair Powell at the Kansas City Fed’s Jackson […]
Cliff Notes: Eagerly Awaiting Chair Powell at Jackson Hole
Key insights from the week that was. Following last week’s update on aggregate wage inflation, […]
GBP/USD Bounces Back after Falling 1% in One Day
The publication of news on the UK PMI index yesterday signaled an acceleration of the […]
Today’s Eco Calendar Unlikely to Inspire Trading
Markets Global PMI’s called off ongoing tests of key technical resistance levels (cycle highs) in […]
Weak PMI Data Set Tone for Markets
Market movers today The data calendar is relatively light today, with US capital goods orders […]
UK PMI services finalized at 49.5, faltering growth and sticky inflation
UK PMI Services was finalized at 49.5 in August, down from July’s 51.5, and represents […]