Although we have now entered the second month of 2019, we are still getting economic data readings from the back-end of last year and yesterday was no exception. In the US, the only release of note was the…
Read more
›
It was an extremely quiet day for the eurozone, with no major economic data releases on the schedule until Tuesday. However, the research group, Sentix, reported that investor confidence in the eurozone has dropped to its lowest level…
Read more
›
The main release from the UK yesterday were the construction PMI figures for January. They showed that the sector struggled last month, dropping to 50.6 from 52.8 in December and well below the 52.4 the markets had been…
Read more
›
UK construction PMI figures showed a drop to 50.6 in January 2019 from 52.8 in December, which was some way below the 52.4 the markets had been expecting. The reading is the slowest expansion in the British construction…
Read more
›
Non-farm payrolls in January smashed forecasts, with figures showing a massive 304,000 jobs were created last month. This was much better than the 165,000 the markets had been expecting and came despite the longest government shutdown in history.…
Read more
›
When the preliminary reading of the German manufacturing PMI was released, it showed that the sector was on course for the first contraction since November 2014. While figures released on Friday confirmed this, it was actually worse than…
Read more
›
The pound weakened against the euro and dollar on Friday as the latest manufacturing PMI reading fell to a three-month low of 52.8 in January 2019. It was below the 53.5 the markets had been expecting and is…
Read more
›
On Friday, the non-farm payrolls report from the US showed that US jobs growth was much stronger than expected in January. Despite the longest government shutdown in history, a whopping 304,000 jobs were created last month, up from…
Read more
›
