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EuropeStocks are offside today as traders undo the positive move from yesterday. Investors remain unconvinced that panic has disappeared from the markets. The aftermath of a major decline usually...
Choice? What Choice?It is facile in the extreme for Michel Barnier to say that Brussels is waiting for the UK to tell it what kind of Brexit it wants, given that no matter what proposals Theresa May...
US Futures Flat After Uneventful Session in EuropeA sense of calm appears to be gradually returning to financial markets as we near the end of the week, with indices in Europe trading a little lower...
It's Super Thursday, the day when the BoE releases its interest rate decision, its quarterly inflation report and the meeting minutes from the current MPC, which gives us an indication of how the...
The UK economy is doing fine. According to the first estimates, the economy grew by 1.5%y/y in the last quarter (beating estimates of 1.4%), which indicates that the UK also benefited from the...
EURUSD A bearish long black marubozo and the first close below the key recent 50% fib at 1.2348…it’s halted for the moment at the mid-jan congestion around...
European markets broke their six day losing streak yesterday posting some decent gains in the process but significantly the rebounds while decent, still weren’t able to get markets back to the...
What:At 12:00 GMT tomorrow, the Bank of England will announce the interest rate decision. The central bank will also release minutes to the monetary policy meeting, in addition to the quarterly...
EuropeEquities are in recovery mode today after enduring a turbulent week. A combination of shorting covering and bargain hunting is helping the markets today. It has been a brutal week for investors,...
Among the positives: bottom line push for multinationals and exporters, increased tax revenue, U.S. job creation Among the negatives: weaker consumer spending, some firms hit via trade, higher fuel...
FTSE rebounds after strong finish in USAfter three days of heavy selling and taking the lead from the US and Asia overnight, equity indices across Europe finally rebound. In a very volatile session...
In keeping with recent headlines, lets focus on stocks. Overnight we have seen a relief rally on Wall Street as the Dow reversed some of its losses from Monday to post gains of 567 points. However to...
PMI surveys show slower growth at start of 2018… … thanks to weaker rises in both manufacturing and service sector activity Employment growth softens Inflationary pressures ease The...
GDP rises by a stronger-than-expected 3.28% in Q4 2017 growth at 2.84%, highest since 2014 Exports remain key driver of economic activity Official data showed the Taiwanese economy growing faster than...
Europe points to recovery after Wall Street reboundsAfter record losses were posted on Wall Street on Monday, US equity indices manged to finish the session higher overnight. The Dow Jones turned an...