The latest initial jobless claims are scheduled to be released at lunchtime today. In the previous release, it was revealed that the number of Americans who filed for unemployment benefits rose by 2,000 from the week before.
Read more
›
The remainder of the week is pretty quiet on the eurozone data front however, next week the big event on everyone’s radar will be the European Central Bank’s interest rate decision.
Read more
›
Sterling maintains its strength as the week draws to a close, remaining unchanged against the euro compared to this time last week.
Read more
›
After a busier day on the data front yesterday, investors will have little to digest over the course of today and tomorrow. Things pick back up next week with a mix of employment data from the UK, plus…
Read more
›
The US dollar had a wobbly session on Tuesday as expectations of a rate hike diminished from the Federal Reserve (Fed). Next Wednesday, the Fed will announce the latest interest rate decision which is currently forecast to remain…
Read more
›
Yesterday economists heard that retail sales in the Euro Area remained unchanged in April, following just under half a per cent decline the month before.
Read more
›
Despite a lack of key economic data yesterday, the S&P Global/CIPS Construction PMI came in at 51.6, from 51.1 and slightly over market expectations of 51.5.
Read more
›
The World Bank revised its growth forecasts for 2023 to 2.1%, from 1.7% in January, due to better-than-expected performances from major currencies. This was revealed in the Washington-based body’s half-yearly update yesterday.
Read more
›
