Markets UK markets today at least got some distraction from the ongoing noise on the upcoming US tariffs with the UK February price data and the spring budget announced by UK Chancellor Reeves, including updated economic and fiscal forecasts from the Office of Budget Responsibility (OBR). February CPI at least gave some comfort. Headline CPI […]
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Eurozone manufacturing showed encouraging signs of recovery in March, with the final PMI Manufacturing reading rising to 48.6, its highest level in 26 months. Output index broke above the 50 mark to 50.5, the first Read more…
Cash rate on hold at 4.1% as new Board waits for more information to be ‘100% confident’. As expected, the RBA held the cash rate steady at 4.1% following the first meeting of the newly Read more…
GBP/USD faces tough resistance around 20-SMA and 61.8% Fibonacci. Positive momentum appears to be waning. GBPUSD continues to consolidate after the rebound from the January low of 1.2099 ran out of steam around the 1.3000 Read more…