by Charles Purdy | Oct 3, 2023
Sterling resumed its downward trajectory against the US dollar yesterday, hitting its lowest point since mid-March. It was a choppy day against the euro but with no clear direction. The clear winner of the day was the US dollar, which made gains of around 1% on most...
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by Charles Purdy | Oct 2, 2023
Sterling launched itself into October with enthusiasm, bouncing up by close to a quarter of the percent this morning against the euro and most other currencies. However, it didn’t last long. That may be the pattern in the coming week, with only snack-sized bits...
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by Julian Benson | Oct 2, 2023
This morning European equity markets traded slightly higher in the first trading session of October. Frankfurt’s DAX 40 gained 0.3% and the German SAP gained close to 1% as investors eye manufacturing PMI data.
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by Julian Benson | Oct 2, 2023
The Nationwide house price index in the UK dropped by 5.3% in September, keeping pace with August’s decline and compared with forecasts of a 5.7% decrease. Home prices continue to plummet at the fastest pace since 2009. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1...
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by Julian Benson | Oct 2, 2023
Tomorrow, US economists will receive the latest JOLTs data, which remains resilient despite signs of slowing in recent months. August’s readings revealed the US labour markets were becoming tighter but concerns remain surrounding the number of job vacancies, which is...
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