Markets A lot of eyes were on UK Finance Minister Sunak and his spring statement on the budget and the economy. The UK cost of living crisis worsened with inflation having accelerated to a faster-than-expected 6.2% y/y (5.2% core) in February, data showed ahead of Sunak’s update. He wants to alleviate some of the income […]
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Daily Pivots: (S1) 0.8491; (P) 0.8541; (R1) 0.8621; More… Intraday bias in EUR/GBP remains on the upside for the moment. Current rise from 0.8221 is in progress for 0.8624 key cluster resistance next. Decisive break Read more…
Global market sentiment is showing tentative signs of stabilization. The tone improved slightly as US Treasury Secretary Scott Bessent signaled that for countries choosing not to retaliate, the US has already reached a “maximum tariff Read more…
One of the little-discussed by-products of the massive financial market turmoil since the end of March is who the losers might be. Aside from investors, of course. 💵💰Don’t miss the move: Subscribe to TheStreet’s free Read more…