by Jonathan Cook | Apr 8, 2024
Friday’s focus was on non-farm payrolls, but an equally significant data point was US unemployment. Joblessness fell from 3.9% to 3.8% in March, which suggested elevated interest rates were doing little to control the exuberance of American companies. EUR/USD: the...
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by Jonathan Cook | Apr 8, 2024
It’s not often you see a central banker press conference get heated, but that was the case at the ECB’s last meeting as policymakers tried to assert their independence form the Fed. We’re expecting a return to something more civilised, but questions are certainly...
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by Jonathan Cook | Apr 8, 2024
The UK economy returned to growth in January having previously dipped into a technical recession. This week’s GDP data for February provides another chance to prove it has turned a corner, although growth is by no means assured. GBP/USD: the past year 1 Min 5 Min 1 Hr...
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by Jonathan Cook | Apr 8, 2024
A new week brings the latest instalment of central banker Springwatch. As markets look to see who will emerge from their interest rate burrows first, there is a distinct focus on inflation and employment, two themes that dictate much of monetary policy. The European...
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by Jonathan Cook | Apr 5, 2024
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, an outcome that would add more fuel to the rate cut flames. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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