In a relatively quiet trading day, due to markets being closed as a consequence of President’s day in the USA, the majority of FX pairs traded sideways in tight ranges, throughout the day’s trading sessions. There was very little medium to high impact economic calendar news published, only the Eurozone’s increasing current account surplus, growing […]
The U.K. economy has (arguably) held up well to the potential negative impact of Brexit. The current YoY growth figure is 1.5% and whilst it’s a fall from the figures of between 2.7%-2.0% that the country was reporting in 2015/2016, the economic Armageddon many predicted after the referendum vote, hasn’t materialized. However, with the clock
The investor tantrums, in relation to inflation fears bringing forward FOMC rate rises, are rapidly fading memories, as the SPX has now enjoyed its best five day rally since 2011. Traders and investors are regaining their confidence and several analysts and opinion formers are busy rewriting their theories, as to why markets temporarily slumped. The
It’s often stated that a week is a long time in politics, a week can also be a long time in the markets. A week after global markets appeared to be in turmoil, as a sell off/correction of 10%+ materialized, U.S. equity markets finally reclaimed some of their lost ground on Wednesday, the DJIA closed
The DJIA and SPX equity markets continued their recent gains, posting moderate gains on Tuesday, both indices getting close to finally erasing the year to date losses and moving into positive territory. Wall Street nervousness was still evident as investors await the latest set of CPI inflation figures, which will be delivered by the BLS
The major U.S. markets and indices have now recovered much of the lost ground given up last week; the DJIA closed up 1.70%, SPX up 1.39% and the NASDAQ moved into positive territory for the year to date; up 1.57% on the day and 1.142 in 2018. The overall 10% market fall by the three
On Wednesday February 14th at 13:30PM GMT (U.K. time), the USA BLS department publishes its latest findings regarding CPI (inflation) in the USA. There’s a series of CPI data released at the same time, but investors and analysts will concentrate on two key measures, the month on month and year on year CPI figures. Due
On February 13th at 9.30AM the U.K. statistics agency the ONS, will publish the latest inflation figures for the U.K. economy. The inflation figures include the: CPI, RPI, core inflation, input, output and house price inflation. It’s the main CPI figures, both month on month and year on year, that’ll be closely watched by analysts
The worst week in approximately two years for USA equity markets closed on a high last Friday as the indices finished in positive territory; DJIA up 1.39%, SPX up 1.49% and NASDAQ up 1.44%. The indices have now moved out of the correction area (called as down 10% from the recent peak), but are still
The latest Japanese QoQ (Q4) GDP figure is published on Tuesday and the prediction is for a significant fall to be revealed, from 2.5% to 0.9%. If this forecast is met then investors may conclude that the celebrations regarding the apparent success of Abenomics, were premature. Yen may come under pressure if investors then quickly
