In a speech yesterday, the Bank of England’s Dave Ramsden said policymakers needed “more evidence” of inflation falling before they could cut rates. The Bank have been recycling a similar soundbite for weeks, but it is an important…
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Just how bad is morale among European consumers? We’ll get the answer to that question today, as well as some broader opinions on attitudes to the economy at large.
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The US reported a sharp drop in durable goods sales over January. The figure was actually worse than it looked, falling by 7.3% month-on-month when you take out orders from the US defence industry.
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The UK data schedule is pretty sparse this week, but there’s no shortage of political intrigue. Various disputes still loom over Westminster, while Lee Anderson strongly defended his recent remarks yesterday. Politics can have a massive impact on…
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The Dallas branch of the Federal Reserve reported an uptick of manufacturing activity in February after falling to an eight-month low in January. That comes before today’s durable goods orders, which should give us a better insight into…
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The euro recorded another positive day in Monday’s trading as comments from European Central Bank (ECB) president Christine Lagarde lifted the single currency higher.
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The Gfk German consumer confidence survey nudged up to -29 from a 11-month low of -29.6 last month. This was in line with forecasts and shows the German economy is having a hard time blowing away the cobwebs…
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The dollar index held steady this morning as investors cautiously await a key US inflation report that could shed light on the Federal Reserve’s outlook on monetary policy.
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