With a new outbreak of the Ebola virus continuing to spread across three Central African countries, the U.S. Centers for Disease Control and Prevention (CDC) put in place a new entry ban on non-citizens who Read more…
Sterling strengthened broadly on this week, but the rebound was driven less by optimism over the UK economy and more by the easing of immediate political and fiscal fears that had weighed heavily on British Read more…
UK business activity deteriorated sharply in May as the economy was hit by a combination of Middle East-related energy pressures and rising domestic political uncertainty. Flash UK Composite PMI Output Index plunged from 52.6 to Read more…
With jet fuel prices not budging from highs due to the war with Iran, almost every major and low-cost airline has had to adjust its flying schedule to weed out low-traffic routes. Budget carrier Norse Read more…
GBP/USD was trading at 1.3428 on Thursday, following a period of volatility after the release of UK inflation data, which came in weaker than expected despite geopolitical tensions over Iran and rising oil prices. The Read more…
Eurozone business activity deteriorated further in May as the ongoing Middle East energy shock increasingly weighed on demand, confidence, and employment across the region. Flash Eurozone Composite PMI Output Index fell from 48.8 to 47.5, Read more…
Wall Street has always had a language problem. Analysts write dense, 40-page reports full of “EPS revisions” and “addressable market assumptions” that most investors never finish. Then someone like Jim Cramer shows up and says Read more…
EUR/USD and GBP/USD have moved into recovery mode following a sharp test of key support levels, although the market remains cautious ahead of the release of important macroeconomic data from the US, the eurozone and Read more…
Fundamental Background On 14–15 May, a high-level US–China summit took place in Beijing, where both sides discussed the potential easing of trade tensions and certain mutual concessions. Against a backdrop of positive expectations, the S&P Read more…
Markets Bond markets took a benign start yesterday after substantial losses over the previous sessions. In US dealings, headline driven action accelerated the move. One can argue whether it was real believe or just hope Read more…