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Sep 18, 13 •
2932 Views •
Morning Roll Call •
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Comments Off on 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...
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Sep 17, 13 •
2882 Views •
Morning Roll Call •
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Comments Off on Barack Obama, “the US economy is ‘not growing as fast as it should”
There is a phrase that’s often used in the UK when somebody states the obvious, the phrase has an expletive in it so we can’t post it in full. It’s a reference to the superb detective skills of the fictional character Sherlock Holmes,...
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Sep 13, 13 •
2972 Views •
Morning Roll Call •
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Comments Off on 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...
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Sep 12, 13 •
3520 Views •
Morning Roll Call •
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Comments Off on 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...
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Sep 12, 13 •
2894 Views •
Morning Roll Call •
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Comments Off on 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,...
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Sep 10, 13 •
2854 Views •
Morning Roll Call •
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Comments Off on WTO cuts growth forecasts as UK chancellor remains bullish regarding the UK
The World Trade Organisation is refusing to be taken in regarding co-ordinated talks of a global economic revival. It cut its forecasts on Monday for trade growth, due to Europe’s weak economy. The WTO now expects world trade to expand by 2.5% in...
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Sep 6, 13 •
3339 Views •
Morning Roll Call •
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Comments Off on NFP Day, The Do’s And More Importantly The Dont’s…
The best piece of advice we’ve come across with regards to trading FX during the publication of the NFP jobs number is don’t, “don’t trade it”. Actually that’s not the whole story, let us explain… Firstly to try and...
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Sep 5, 13 •
3368 Views •
Morning Roll Call •
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Comments Off on 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...
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Sep 4, 13 •
2867 Views •
Morning Roll Call •
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Comments Off on 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...
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Sep 3, 13 •
2943 Views •
Morning Roll Call •
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Comments Off on 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...