Morning Roll Call

Germany ZEW Index Up As Europe’s Exports Rise, But The UK’s Trade Deficit Widens

European car sales slumped in the month of August, with the exception of the UK, whose bi-annual August new registration habit, helped boost figures to buck the trend. Sales in Cyprus tumbled by 40% so far this year, illustrating the impact of its bailout, in particular the capital controls which are restricting how much money […]

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Will talk of tapering be replaced by the new conversation regarding the USA debt ceiling?

Friday is the infamous anniversary of the introduction of open ended quantitative easing, the monetary easing experiment that was intended to stimulate the USA economy from the bottom up by way of $85 billion of monetary stimulus each month. The failure to stimulate the economy has been of epic proportions, growth in the USA has

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Mortgage applications plunge in the USA as mortgage rates jump, New Zealand central bank keeps base rate at 2.5%

There are many times when the UK takes its economic lead from the USA. The USA appeared to ‘enjoy’ a secular rally in house prices and mortgage applications late 2012 and early 2013. That renewed impetus had many analysts fearing that a repetition of the boom and bust of 2008 could re-occur. However, lately the

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Global Equities Rise For The Seventh Day, The Longest In Over Two Years..

A potential solution to the growing threat of force versus the Assad regime by the USA added calm to global equity markets. Added to this potentially positive news data published from China, suggesting that the Chinese economy is once again in growth mode, encouraged a ‘risk on’ sentiment to envelope global markets on Tuesday. China’s

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Morning Roll Call

Positive USA Data Cheers Markets Despite Potential Syrian Conflict Escalation Despite opening in negative territory and remaining there for much of the morning session on Wednesday, European markets finished mainly in the green after positive data from the USA floated many of the boats at sea and PMI service sector results proved bullish, with the

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Morning Roll Call; USA manufacturing expands faster than forecast whilst market optimism is dampened due to Syrian crisis escalation fears

USA manufacturing expanded at a faster rate than the economists polled had predicted, activity in the manufacturing sector expanded in August for the third consecutive month, and the overall economy grew for the 51st consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM Report On Business. The PMI registered 55.7 percent,

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Morning Roll Call; Whilst Vodafone Sells Its Verizon Stake Markets React Well To Positive European PMIs…

Whilst USA markets were closed on Monday (owing to a bank holiday) the telecoms sector was alight with news that Vodafone sold its shareholding in Verizon. The figure was $85bn, a huge figure for the shareholding. But put into perspective by the timely reminder that this sum is only equivalent to one month of the

Morning Roll Call; Whilst Vodafone Sells Its Verizon Stake Markets React Well To Positive European PMIs… Read More »