Mind The Gap

Eurozone out of recession, Germany’s improved GDP, France out of recession, whilst UK unemployment holds steady… Many of the economists’ predictions, with regards to today’s high impact news events, have become fact. Both French and German GDP numbers have improved and the long awaited, much heralded EZ exit from recession has finally come to fruition, […]

UK inflation falls to 2.8%, German inflation is 1.9%, ZEW index posts at 42 and the Nikkei rose on optimism that corporate tax rates will be slashed as part of Abenomic push. Many commuters will have missed the irony that on the day the UK’s inflation figure is published rail fares for UK commuters are

Japan’s preliminary GDP figure disappoints, causing both yen values and the Nikkei to fall Japan’s economy grew at an annualised rate of 2.6% between April and June, falling some way short of the economists polled by Bloomberg forecast of 3.6% growth and 1.2% below the 3.8% growth achieved in the first quarter of 2013. The

China’s economic data exceeds expectations whilst Germany exports fall in June  There were several high impact news events released in the overnight and early morning trading session that have positively affected market sentiment. We received the latest data courtesy of China’s General Administration of Customs, Australia’s unemployment rate and employment numbers and the statement from

Forward guidance, the Bank of England delivers its policy through Mark Carney It’s an interesting phenomena, “forward guidance”, the new verbal concept many central banks are currently using to describe their mid to long term policy. There are many descriptions for the concept that suit, but in layman’s terms it means; “we’re telling you in

Australia cuts its base rate to 2.5%, UK house prices rise significantly A news event that didn’t rate as high impact, due to it being considered ‘secular’ to the UK economy and not having international reach, was the publication of UK house prices courtesy of the Halifax, one of the largest mortgage lenders in the

UK services PMI rockets to 60.2 beating expectations of 57.4 As reported in our ‘Between The Lines’ section this morning the UK services PMI was a high impact news event that had the potential to affect market sentiment. The number was of particular relevance for ‘cable’ traders who witnessed a break out to the upside

Is the pain in Spain falling? The GDP figure for Spain’s economy has been published this morning and it reveals a very slowly healing economy according to the latest GDP number. However, the majority of analysts are still adopting a glass half empty position where Spain is concerned, given that the country has now been