Mind The Gap

There was mixed news ‘hitting the wires’ regarding the UK economy his morning, firstly we had the news that retail sales had increased by 0.1% in the month of March. This beat expectations of a fall of 0.4% and although only a small improvident month on month the year on year improvement was circa 4.2% […]

The Germany Ifo business climate index has risen unexpectedly according to the latest release published this morning. German manufacturing and services activity is expanding at near the fastest pace since 2011. The Ifo Business Climate Index for industry and trade in Germany rose in April to 111.2 points from 110.7 points last month. Asian equities

In the euro area growth has increased according to the Markit Economics latest composite index which is at a reading of 54.0 in April. The latest reading was the highest since May 2011 and supports the theory that the region may be beginning to finally exit the deep and long recession the area has endured

After the extended Easter holiday period the high impact news events and policy decisions are very thin on the ground this Tuesday therefore, in terms of fundamental analysis, there’s very little for traders to get too excited over. However, Wednesday promises to be an entirely different prospect given the volume of news that’s scheduled for

Britain’s economy will apparently grow by 3.1% this year after a supposed turnaround in household fortunes, but trade and austerity challenges still lie ahead, a forecasting group has said in a report published overnight. The Centre for Economics and Business Research (CEBR) said a rise in disposable incomes, business investment and a construction sector boosted

The average new home prices in China’s 70 major cities rose 7.7 percent in March from a year earlier, easing from the previous month’s 8.7 percent rise. In month-on-month terms, prices rose 0.2 percent in March, slowing from February’s rise of 0.3 percent. The National Bureau of Statistics said new home prices in Beijing rose

Asian markets failed to maintain an upbeat momentum despite the solid gains seen on Wall Street yesterday, Hong Kong stocks outperformed as Beijing cut the reserve requirement ratio for some rural banks. There were solid gains on Wall Street, as a decline in the US dollar lifted the yen and hurt Japanese exporters. A recovering

Asian Pacific bourses rose in the overnight-early morning session led by Japan, however, Greater China equity markets lost their gains after the world’s second-largest economy reported its slowest quarterly growth since late 2012. The mood across the rest of the region was positive after the S&P 500 swung out of negative territory early in the

After USA retail sales reported a growth of 1.1% on the month yesterday it was the UK’s turn to reveal their latest retail sales figures, a trade body in the UK revealed overnight that sales in the UK have in fact fallen by 1.7% year on year. Although it’s not the official ONS data the

The US and Russia traded accusations over Ukraine at the UN on Sunday after clashes between Ukrainian forces and pro-Russian separatists occurred. Russia called an emergency meeting of the UN Security Council on Sunday evening after another day of rising tension in eastern Ukraine with Kiev sending in the army to try and secure control