Markets Brent crude (June contract) trades volatile today, falling from $106/b to an intraday low just above $98 to currently $102. The move is testament to the fog of war currently created by often conflicting headlines on the next phase in the third Gulf War. Yesterday’s WSJ article (Trump looking to off-ramp without reopening Strait […]
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UK business activity picked up in April, with the Flash PMI Composite rising from 50.3 to 52.0, a two-month high. Services activity rose from 50.5 to 52.0. Manufacturing PMI jumped from 51.0 to 53.6, the Read more…
Eurozone business activity slipped back into contraction in April, with the Flash Composite PMI dropping from 50.7 to 48.6, a 17-month low. The downturn was driven primarily by a sharp deterioration in the services sector, Read more…