by Christopher Nye | Jan 2, 2019
Many pundits are calling the US dollar lower this year (maybe too many – when everyone is calling it the same way often it becomes a risk in itself) and with FTSE having fallen so hard this morning sterling should have had every opportunity to rally. Tough going...
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by Christopher Nye | Jan 2, 2019
Chinese Manufacturing PMI data slipped below 50 and back into contraction for the first time in over two years and sent equities into a tailspin on the first day of the New Year. This continued the volatility that had been a feature of December. There was also some...
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by Christopher Nye | Dec 31, 2018
We’ve got PMIs across the whole region and the main focus will be on how far they have slipped and whether the majority of them dip below 50. The Italians have managed to get their budget passed, and with more and more people thinking the dollar might have peaked,...
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by Christopher Nye | Dec 31, 2018
With the interventions of the President likely to continue, and possibly get more frequent again now that Chief of Staff Kelly has left the White House, the dollar is a tricky one to call. Economic data is still good and on Friday this week we have non farm payrolls...
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by Christopher Nye | Dec 31, 2018
Data this week is PMI with manufacturing on Wednesday, construction Thursday and then finishing off with services on Friday. These were all still above that important 50 level last month, but as highlighted by the Chinese data overnight, a slip back below 50 is an...
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