Markets UK gilt yields one again caught the attention today. They initially add another 6.5-10 bps following yesterday’s ugly CPI surprise which will almost certainly force the Bank of England into additional tightening. This time Read more…
Markets UK gilt yields one again caught the attention today. They initially add another 6.5-10 bps following yesterday’s ugly CPI surprise which will almost certainly force the Bank of England into additional tightening. This time Read more…
Markets UK gilt yields one again caught the attention today. They initially add another 6.5-10 bps following yesterday’s ugly CPI surprise which will almost certainly force the Bank of England into additional tightening. This time Read more…
Markets UK gilt yields one again caught the attention today. They initially add another 6.5-10 bps following yesterday’s ugly CPI surprise which will almost certainly force the Bank of England into additional tightening. This time Read more…
UK retail sales expected to fall sharply US debt ceiling impasse continues FOMC minutes show Fed divided over rate policy GBP/USD continues its downswing. The pound is trading at 1.2340, down 0.20% and is at Read more…
US initial jobless claims rose 4k to 229k in the week ending May 20, below expectation of 253k. Four-week moving average of initial claims was unchanged at 232k. Continuing claims dropped -5k to 1794k in Read more…
The Euro extends fresh bear-leg after ending a brief consolidation and hit two-month low in European session on Thursday. Rising dollar on expectations that the Fed would remain in a hawkish mode and debt ceiling Read more…
Daily Pivots: (S1) 171.53; (P) 172.16; (R1) 173.10; More… No change in GBP/JPY’s outlook and further rise is expected with 171.26 minor support intact. Current rally should target 100% projection of 148.93 to 172.11 from Read more…
Daily Pivots: (S1) 171.53; (P) 172.16; (R1) 173.10; More… No change in GBP/JPY’s outlook and further rise is expected with 171.26 minor support intact. Current rally should target 100% projection of 148.93 to 172.11 from Read more…
Daily Pivots: (S1) 1.6315; (P) 1.6394; (R1) 1.6506; More… Intraday bias in EUR/AUD stays on the upside at this point. Pull back from 1.6785 should have completed at at 1.6134, after drawing support from 55 Read more…