Markets Yesterday’s US inflation numbers still resonated during European trading hours. Both headline and core inflation rose a tad less than forecast (0.2% M/M vs 0.3% M/M) with base effects pulling especially headline inflation (one Read more…
Markets Yesterday’s US inflation numbers still resonated during European trading hours. Both headline and core inflation rose a tad less than forecast (0.2% M/M vs 0.3% M/M) with base effects pulling especially headline inflation (one Read more…
NIESR forecasts a stagnation in UK’s GDP growth in Q2, suggesting that the trend of low economic growth will continue for the foreseeable future. Paula Bejarano Carbo, an Associate Economist at NIESR, pointed out the Read more…
US initial jobless claims dropped -12k to 237k in the week ending July 8, below expectation of 250k. Four-week moving average of initial claims dropped -7k to -247k. Continuing claims rose 11k to 1729k in Read more…
Eurozone industrial production rose 0.2% mom in May, below expectation of 0.3% mom. Production of capital goods grew by 1.0%, intermediate goods and durable consumer goods both by 0.5% and non-durable consumer goods by 0.3%, Read more…
Yesterday, important data on inflation in the United States was published: the CPI index was 3% in annual terms, this is the lowest value since the beginning of 2021. Thus, inflation is slowing down for Read more…
Yesterday, important data on inflation in the United States was published: the CPI index was 3% in annual terms, this is the lowest value since the beginning of 2021. Thus, inflation is slowing down for Read more…
Daily Pivots: (S1) 0.6714; (P) 0.6755; (R1) 0.6829; More… AUD/USD’s rebound from 0.6594 resumed after brief retreat. Intraday bias is back on the upside for 0.6898 resistance next. Firm break there will firstly confirm resumption Read more…
The UK economy posted only a small contraction in May which was much better than forecast as the country continues to show strong resilience in the face of significant pressures. That resilience has helped to Read more…
UK GDP contracted by -0.1% mom in May, slightly better than expectation of -0.3% mom contraction. However, taking a wider view, GDP showed stagnation over the three months to May. The contraction in May was Read more…