UK retail sales volumes jumped 1.8% mom in January, far exceeding expectations of 0.2% and marking the largest monthly increase since May 2024. The rebound suggests consumers began the year on firmer footing despite broader Read more…
In focus today In the euro area, the flash February PMI report is released today. We expect a decent increase in the manufacturing PMI to 50.0 from 49.5 as we have received positive signs from Read more…
Hilary Duff is back… or did she ever really leave? After years of starring on the small screen in series like Younger and How I Met Your Father, the Millennial actor, singer, author, and producer Read more…
Key Highlights USD/JPY started a steady increase from the 152.25 support. It cleared a key rising channel with resistance at 154.00 on the 4-hour chart. EUR/USD is again moving lower below the 1.1800 support. Bitcoin Read more…
RBNZ Governor Anna Breman said in speech that the central bank remains confident inflation will return to target despite its current 3.1% reading. She expects inflation to move back inside the 1–3% band in the Read more…
The RBNZ’s February economic outlook was a mix of optimism and pessimism. The implications are a higher bar for an early start to OCR increases and a bias towards a weaker exchange rate. The RBNZ’s Read more…
Japan’s headline CPI slowed to 1.5% yoy in January from 2.1%, falling below the BoJ’s 2% target for the first time in 45 months. Core CPI (excluding fresh food) declined to 2.0% from 2.4%, while Read more…
Japan’s private sector gathered further momentum in February, with PMI Manufacturing rising from 51.5 to 52.8 and PMI Services edging up to 53.8. PMI Composite climbed from 53.1 to 53.8, marking the strongest expansion since Read more…
Australia’s February flash PMIs signaled a slowdown in private sector momentum. PMI Manufacturing slipped from 52.3 to 51.5, while PMI Services dropped sharply from 56.3 to 52.2. As a result, PMI Composite fell from 55.7 Read more…
The private credit market is facing a new pressure point as Blue Owl Capital (OWL) faces a surge in redemption requests and public scrutiny over loan valuations. The recent scrutiny over SaaS exposure in large Read more…