American markets won’t have long to get acclimatised after their long weekend. The US dollar could be vulnerable to the projected drop in durable goods orders, but the real threat comes at the end of the week in…
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After last month’s upturn in consumer sentiment, economists predict German consumers to be full of the joys of spring in February. Later this morning, the ZEW economic sentiment index is expected to reach its highest since the summer…
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65% of economists polled by Reuters expect the Bank of England to announce a quarter-point cut to interest rates at its next meeting. The big caveat to that is tomorrow’s inflation report, a study that looks likely to…
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The UK’s headline unemployment rate increased slightly to 5.2% in the three months to December, slightly exceeding market forecasts and marking the highest jobless rate in almost five years. Average earnings meanwhile fell to 4.2% (both when excluding…
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The febrile atmosphere at Westminster calmed, somewhat, last week, leaving the pound treading water against the US dollar and euro. It looks like a currency waiting for a reason to pick a direction, and that may come soon.…
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America is having one of those public holidays that crop up at strange times, this time for George Washington’s birthday. The big event this week is the release of the minutes of the US Federal Reserve’s monetary policy…
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The euro has remained composed while politics and economic credibility have strained other currencies. Will the data keep on validating the idea of a slow, controlled path for interest rates? Tomorrow we’ll have the influential ZEW Economic Sentiment…
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Sterling ended last week relatively unmoved against both the US dollar and the euro. It looks like a currency waiting for a reason to pick a direction, and that may come soon. The Office for National Statistics (ONS)…
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