January 4th, 2019
By Kiran Najran
Later today we have the Non Farm Payrolls, expected at 179k but arguably the more important series in the release is the average earnings data, expected at 0.3% month...
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January 4th, 2019
By Kiran Najran
The quiet currency over the last couple of days, ECB’s Couere reiterated this morning that interest rates are to remain low as long as necessary. Given the move...
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January 4th, 2019
By Kiran Najran
We have the services PMI today, expected at 50.7, only just in positive territory, so any shortfall will be negative in any and all senses. Sterling recovered well...
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January 3rd, 2019
By Kiran Najran
In a typical ‘Risk’ move the dollar had a good day against almost all of the majors, except the Japanese Yen. Despite a meeting between Democrats and Republicans the...
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January 3rd, 2019
By Kiran Najran
European PMIs all painted a picture of the economy continuing to struggle. The euro sold off from the highs but then accelerated lower as news came out that the ECB had...
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January 3rd, 2019
By Kiran Najran
We saw UK manufacturing PMIs hold up better than some European releases, coming in at 54.2 against expectations of 52.5. However a lot of the outperformance was...
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