By Craig Erlam The recovery in equity markets stalled on Wednesday as traders eyed the big economic releases in the week. The ADP and revised GDP numbers may attract some attention, but
By Craig Erlam As we near the end of the summer, activity will start to pick up again and that may begin this week in the build-up to Friday’s jobs report. With
By Craig Erlam The pound was on the decline again on Thursday, having fallen over the last couple of days on the back of some worrying economic figures from the UK. Whether
By Craig Erlam European stocks gave back the bulk of their gains Wednesday as flash PMI data points to a possible recession over the remainder of the year. The UK readings were
By Craig Erlam Recent UK economic data has been a mixed bag, with wages rising at a much-accelerated rate, but inflation decelerating as expected. While the Bank of England will be relieved
By Edward Moya US stocks ended the week lower lower as Wall Street gets anxious over what the Jackson Hole Symposium on August 24-26 might do to soft landing hopes. Just look
By Edward Moya Now that we heard from Walmart, it is clear that the US consumer is still willing to spend. Expectations for robust consumer spending in Q3 have been confirmed and
By Craig Erlam The UK economy showed further resilience toward the end of the second quarter, buoyed by better weather. The cost-of-living crisis has clearly been an immense drag on the British
By Craig Erlam It’s been a positive start to trading on Thursday, with European stocks up around 1% and US futures not far behind. Whether that will last to the end of
By Naeem Aslam US and European stock futures are trading with a lot of caution as the most important economic reading of the week will be released Thursday, the US CPI. So
