by Christopher Nye | Apr 20, 2023
In the previous data release, the Philadelphia Fed manufacturing index rose 1 point to -23.2 in March 2023. Despite the rise, the index missed market expectations of -15.6, pointing to its seventh consecutive negative reading. Today’s data will be released at...
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by Christopher Nye | Apr 20, 2023
S&P global is scheduled to release the eurozone’s services PMI for April (flash) tomorrow morning. The data measures the level of a diffusion index, based on surveyed purchasing managers in the services industry, and is a leading indicator of economic...
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by Christopher Nye | Apr 20, 2023
The Gfk consumer confidence survey, which will be released on Friday, measures the responses of approximately 2,000 consumers and asks respondents to rate the relative level of past and future economic conditions. In the previous data, consumer confidence in the...
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by Christopher Nye | Apr 20, 2023
Sterling starts the day weaker than its euro and US dollar rivals compared to this time last Thursday, but is stronger against the dollar on a monthly footing. On the data front, lots of interesting economic data was churned out for market watchers to digest...
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by Christopher Nye | Apr 19, 2023
After strengthening on Monday off the back of rumoured hawkishness, the US dollar weakened against is sterling and euro rivals by the end of Tuesday afternoon. This morning the dollar is weaker against the pound and euro compared to this time last week, as investors...
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