By Craig Erlam It’s been a relatively uneventful start to the week, but the next couple of days could be hugely important as the US and UK release inflation figures for October.
By Craig Erlam The Federal Reserve could not have hoped for a better NFP jobs report on Friday, but it will need to be one of a number of positive economic reports
By Craig Erlam Equity markets are bouncing back on Tuesday after a risk-averse start to the week, buoyed perhaps by some promising Fed commentary on Monday. It would appear the recent surge
By Craig Erlam Another mixed session in Europe on Thursday with US stocks pointing to a similar open on Wall Street despite some promising inflation figures from the euro area. While the
By Craig Erlam We’re seeing plenty of different approaches from central banks as they wrap up their tightening cycles, with the Bank of England on Thursday surprising with a hold, while not
By Craig Erlam Everyone at the Bank of England undoubtedly breathed a collective sigh of relief on Wednesday, joining the rest of us, as inflation subsided much more than expected in August.
Financial investors have added exposure to crude oil as a result of the tightening oil market and to benefit from higher roll returns, with the futures curve now more strongly downward sloped,
By Craig Erlam Eurozone headline inflation was slightly lower than the 5.3% initially reported in August, while core was unrevised and is now modestly higher. Both are expected to fall going into
By Craig Erlam The Bank of England may have little option but to raise rates again next week, despite comments recently indicating the debate will be fairly balanced. The UK labour market
By Craig Erlam A relatively quiet start to the week from an economic data perspective, but we saw some decent moves in the markets, particularly in the Japanese yen. The yen jumped