Risks for UK Economy
The markets continue to take a sanguine view of the apparently stalled progress in the EU and UK trade talks. All things Brexit continue to go down to the wire,…
Read More »The Europe Brief
The round of August confidence data has so far been mixed, as the services sector registers the fallout from lockdowns and the resurgence of new Covid-19 infections. Travel restrictions and…
Read More »Markets at the mercy of sentiment
The global recovery continues to track a “V” rebound from the April lows. But not surprisingly there’s considerable variability in the height of the bounce, and uncertainty over the trajectory…
Read More »Dow Jones Hits Key Resistance, Nikkei 225 Clears its Own. Dax 30 Ranges
The Dow Jones Industrial Average tested a key resistance at 28,000 but failed to break through. Germany’s Dax fell 0.5% to just below 13,000.
Read More »Events to Look Out for Next Week
The growing worries over the spreading coronavirus, the rollback in some reopenings, and possible flattening in growth have set the scene for risk aversion. Adding to the mix is the…
Read More »EUR & GBP : Circumspect view
The Dollar majors have been plying narrow ranges so far today, with global markets generally in somewhat of a directional stasis presently, with participants mindful of the potentially economically disrupting…
Read More »Recap June 28: Tesla Horrible Quality – Worst Economic Crisis since Great Depression (Recap Ep077)
This week’s recap found two key factors: the markets were affected by fears of a second outbreak of coronavirus in the US and major economic powers, and global monetary stimulus…
Read More »GBP saw 3-month low VS EUR
Cable has found a footing in the mid 1.2300s after last week tumbling from the mid 1.2500s, which culminated late Friday with a 1-month low at 1.2312. EURGBP, meanwhile, has printed…
Read More »Is it really a sign for recovery?
The ECB minutes yesterday highlighted again that the central bank is very far away from considering exit moves from the pandemic emergency purchase programme (PEPP) program and that means it can…
Read More »Events to Look Out for Next Week
Welcome to our weekly agenda, our briefing on all the key financial events globally.Virus jitters will remain a focus along with Beijing and several US states as real data continues…
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