Market watchers will hear four speeches from various members of the European Central Bank’s (ECB’s) governing council over the course of tomorrow.
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The Bank of England’s deputy governor, Ben Broadbent will deliver a speech at 10am this morning on the relationship between money and economic activity.
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After a quiet day on the UK data front yesterday, we’ve just seen the latest public sector net borrowing data released this morning. According to the Office for National Statistics (ONS), the UK public sector posted a £20.71bn…
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Pound sterling enters the final week of April marginally unchanged against the euro following last Friday’s retail sales-led slump. Against the US dollar, sterling is also in a similar position. It is a quiet week for pound-watchers this…
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On the data front, this week is a quiet one for the UK. Tomorrow economists will see the latest public sector net borrowing figures. In the previous release by the Office for National Statistics, it was reported that…
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This week eurozone markets will see the return of Germany’s GfK consumer climate indicator. In the last reading, the indicator hit its highest level since July last year, increasing for a sixth consecutive month. Euro-watchers will be keeping…
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In the stock markets, recession fears were dispelled last week as data showed, US business activity grew to an 11-month high in April. On Friday all major US indices finished the day just over the flatline as investors digested…
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Sterling has been going nowhere against the euro for four months now. Looking at the longer term graph it’s hard to recall such a long period in the past few years without a clear movement one way or…
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