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October 5, 2023
British Pound emerged as the weakest link, facing headwinds following subpar construction data. Not far behind in performance was the Canadian Dollar, which felt the pressure from the ongoing plunge in oil prices. Dollar, while still in a commanding position, appears to be taking a pause, digesting its recent upticks. Contrastingly, Australian and New Zealand Dollars found some respite as the market's risk aversion sentiment momentarily eased. Meanwhile, Euro, Swiss Franc, and Yen are all m...
October 5, 2023
FTSE 100 closes up 39 points at 7,452 Metro Bank reviewing options on financing Construction sector slumps in September 4:40pm: FTSE ends in postive...
October 5, 2023
FTSE 100 closes up 39 points at 7,452 Metro Bank reviewing options on financing Construction sector slumps in September 4:40pm: FTSE ends in postive...
October 5, 2023
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
October 2, 2023
Elsewhere, several central-bank decisions are due around the world, with rates likely to be unchanged from Australia to India.
October 1, 2023
(Bloomberg) -- Policymakers from Washington to Frankfurt head into the final quarter of 2023 with tentative grounds for optimism that their fight against inflation is making progress. With Federal Reserve chief Jerome Powell and his European Central Bank counterpart Christine Lagarde both due to speak in the coming week, investors will scrutinize any reaction from them to a transatlantic double whammy of data that offered hints of cheer. Friday’s reports showed euro-zone core inflation — whi...
September 29, 2023
The GBP/USD experienced a rebound after reaching its lowest level since March, near the 1.2100 area. After a prolonged rally, the US Dollar finally pa
September 22, 2023
The September RBA meeting minutes presented a detailed account of the Board’s deliberations and their assessment of risks. In recent months, the Board has stopped describing its considerations for policy – the choice between remaining on hold and a rate hike – as “finely balanced”. Rather, it has become increasingly clear that the Board view the case for remaining on hold as the “stronger” argument, in step with their growing confidence in navigating a soft landing. While the Board...
September 8, 2023
Today, we get the final German inflation figures. This will hold more information on what lies behind the still quite sticky core inflation in August. In Sweden, we get lots of interesting data with GDP, production value indicator, and consumption indicator.
September 8, 2023
The Bank of England’s Decision Maker Panel survey revealed UK businesses expect output price inflation to drop over the next year.