Retail Sales Data Sparks Uncertainty While US Jobs Report Takes Centre Stage
Delayed UK retail sales that were supposed to be released two weeks back, came out this morning. Initially forecasted at a level of 0.2%, we did see an uplift to […]
Euro Holds Firm as Markets Eye Euro-Zone Retail Sales and U.S. Jobs Data
The Euro is holding firm at the beginning of this morning’s session with focus on July’s Retail Sales for the Bloc. With Euro-Zone inflation having rose slightly last month, but […]
Pound Weakens Amid Surging Bond Yields and Stubborn Inflation
The Pound has fallen further this morning in the aftermath of The UK’s government bond yields rising to their highest levels since 1998, as concerns deepen around the capability of […]
Sterling Slides as UK Bond Yields Hit 25-Year Highs
Sterling opens in red to both EUR and USD this morning with mounting concerns for the government and their bond yields. Yield levels reaching its highest level since 1998 of […]
Sterling Strengthens as French Political Crisis Deepens
Renewed French political crisis has allowed for further Sterling gains against the Euro as French prime minister is set to fall on the 8th of September once confidence vote takes place […]
Markets Eye September Cuts Following Powell’s Jackson Hole Speech
On Friday, Fed Chair Jerome Powell set the stage for what could be a pivotal month ahead. Speaking at the annual Jackson Hole symposium, Powell confirmed a significant shift in […]
ONS Delay Japan Inflation Falls Powell Speech in Focus
What was supposed to be a morning of UK retail sales, will now take place on the 5th of September. This was announced two days ago, as The Office for […]
UK Inflation Surges to 3.8% as BoE Faces Mounting Pressure
UK Inflation has come out hotter than expected, climbing to 3.8% against expectations of 3.7%. Services inflation climbed to 5% which will be of a concern to The Bank of […]
Sterling Strengthens as UK GDP Beats Expectations
UK GDP has provided Sterling with further support as the economy rebounded in June. Figures show the economy grew by 0.4% month-on-month, crucially bringing a halt to a run of […]
UK GDP Contracts Again: Pressure Mounts on BoE as Growth Falters
We noticed a second consecutive contraction for economic growth in the UK this morning. After a sharp fall back in April of -0.3%, forecast suggested an uplift of 0.1% in […]