Yesterday’s labour figures were the perfect amuse bouche for Friday’s non-farm payrolls. Economists expect that figure to have fallen significantly in March, and outcome that would add more fuel to the rate cut flames.
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Good news for anyone looking to buy a holiday home in Europe. European house prices fell in the final months of last year, but it was not an even shift. Prices fell in Northern and Central European nations…
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The UK’s dominant services sector can’t be expected to carry the team all the time. The S&P services PMI dipped slightly in march, as did the composite index. The slowdown will be a worry for the wider economy,…
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The pound cemented Wednesday’s gains against the US dollar yesterday and GBP/USD is now trading at its highest level in around two weeks. Sterling found less traction against the euro, which also gained on the dollar by around…
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The US private sector gained the highest number of jobs since July in March, signalling a booming labour landscape.184,000 jobs were added in all, but most worrying of all for the Fed may be the fact that wage…
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The eurozone had started to feel a little bit antsy about resurgent inflation. After climbing the past few months, news that both headline and core CPI fell in March will be good news for policymakers, who had been…
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Sterling had a much improved day against the US dollar, climbing to its highest level since before Easter. However, the pound traded sideways against the euro and its success against the dollar was caused by unexpectedly low services…
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Yesterday was the ultimate game of two halves as macro data came on to play “super sub”, shaking up what had been a listless day of marginal moves.
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