by Jonathan Cook | Apr 4, 2024
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 clogging up the airwaves with warnings about renewed...
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by Jonathan Cook | Apr 4, 2024
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 data. The UK economy will need to...
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by Jonathan Cook | Apr 4, 2024
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. Markets had still been blowing away the cobwebs collected over the Easter holidays. Volumes were light on Wednesday...
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by Charles Purdy | Apr 3, 2024
It was a relatively positive day for the pound yesterday, bouncing back against the US dollar but treading water against the euro. We’re still around 3% up on both USD and EUR compared to this time last year, but that’s unlikely to be much comfort if the pound (or...
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by Julian Benson | Apr 3, 2024
New orders for manufactured goods in the US rose by 1.4% in February to €576.8 billion. This was above market expectations of a 1% increase and points to further resilience for the economy. USD/EUR past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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