Check back for updates throughout the trading day U.S. equity futures nudged higher Tuesday, following on from a tech-led rebound that lifted Wall Street firmly higher in the previous session, as investors looked to a Read more…
During a seminar today, BoE MPC member Jonathan Haskel emphasized the critical role of the labor market in shaping the UK’s inflation outlook. Haskel pointed out that the labor market tightness, specifically the ratio of Read more…
In an interview with Le Monde, ECB Vice President Luis de Guindos indicated barring any surprises, a June rate cut is a “fait accompli.” “If things move in the same direction as they have in Read more…
UK 100 index reaches 8,000 milestone But further gains may have to wait as uptrend starts to lose steam The UK 100 stock index (cash) closed at a new all-time high of 8,046.44 on Monday Read more…
FTSE 100 index hit new marginally higher record high on Tuesday, as strong bullish acceleration extends into third straight day. Strong gains in UK defense stocks, food producers and retailers, along with weaker pound and Read more…
Bitcoin is consolidating in early Tuesday, after advancing 2.8% on Monday and remains constructive as the latest jump has generated positive signal on a marginal close above important barriers at $66144 (50% retracement of $72750/$59538) Read more…
Market picture The capitalisation of the crypto market over the past 24 hours has added only 0.15% to $2.44 trillion. Crypto sentiment indices remain in the ‘greed’ territory, scoring 71 points, compared to 73 points Read more…
UK PMI Manufacturing fell from 50.3 to 48.7 in April, below expectation of 50.2. PMI Services rose from 53.1 to 54.9, above expectation of 50.2, and an 11-month high. PMI Composite rose from 52.8 to Read more…
Eurozone’s PMI Manufacturing fell from 46.1 to 45.6 in April, below expectation of 46.5. PMI Services rose from 51.5 to 52.9, above expectation of 51.8, an 11-month high. PMI Composite rose from 50.3 to 51.4, Read more…
Germany’s PMI Manufacturing ticked up from 41.9 to 42.2 in April, below expectation of 42.9. PMI Services jumped from 50.1 to 53.3, well above expectation of 50.5, a 10-month high. PMI Composite rose from 47.7 Read more…