MarketPulse Archives - Page 12 of 23

Cautious start to week, central bank meetings ahead

By Craig Erlam A cautious start to the week ahead of a bunch of central bank meetings that will likely set the tone for the remainder of the year. There’s every chance

19th September 2023

Markets/World

Wild week to come after lively end to this one

By Craig Erlam A busy week comes to an end with a triple witching event that no doubt added to the lively conditions. And next week is only going to go up

15th September 2023

Markets/World

ECB delivers dovish final rate hike

By Craig Erlam The ECB raised interest rates again on Thursday, probably for the last time in the tightening cycle although it did leave itself some flexibility on that front. The 25-basis-point

15th September 2023

Markets/World

Sterling slides on slower GDP, BoE may hold next week

By Craig Erlam The UK economy contracted faster than expected in July, which is weighing on the pound Wednesday morning. GDP fell 0.5%, faster than the 0.2% contraction expected, but as has

13th September 2023

Markets/World

Another BoE hike likely as wage growth continues

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

12th September 2023

Markets/World

Yen spikes, EC downgrades eurozone growth

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

12th September 2023

Markets/World

BoE pause may not be as far away as thought

By Craig Erlam A big couple of weeks are in store for the Bank of England and Friday’s figures may support the case for a more balanced debate on September 21,

8th September 2023

Markets/World

RBA on hold, Chinese sluggish recovery

By Craig Erlam The Australian dollar fell further Tuesday morning despite the RBA holding interest rates steady and warning that further tightening may be necessary. The central bank warned that while inflation

5th September 2023

Markets/World

Great week for Fed on strong US jobs data

By Craig Erlam If you’re a Federal Reserve official, you’ll find it hard not to be very pleased with the way this week’s gone from a labour market data perspective. The JOLTS

1st September 2023

Markets/World

Eurozone core inflation falls further, weighs on yields and euro

By Craig Erlam Eurozone economic indicators on Thursday have been something of a mixed bag, although traders seem enthused on the back of them, rather than disappointed. We’ve seen regional data over

31st August 2023

Markets/World