OANDA Archives - Financial Mirror

Services PMIs point to broader weakness, OPEC+ not as unified

By Craig Erlam A raft of weaker services surveys have weighed on sentiment in Europe at the start of the week, while Wall Street is more of a mixed bag. Investors are

6th June 2023

Markets/World

May jobs report shows hiring isn’t ready to cool

By Edward Moya A red-hot labour market remains and that should keep the pressure on the Fed, which will also delay second half of the year recession calls. The May jobs report

2nd June 2023

Markets/World

Markets buoyed by debt ceiling deal

By Craig Erlam A debt ceiling fiasco was averted late in the day and markets are ending the week on a positive note, as traders turn their attention to the US jobs

2nd June 2023

Markets/World

Another setback for central banks

By Craig Erlam Investors may have underestimated the pace of disinflation this year if economic data this week is anything to go by, with US figures on Friday further enforcing the view

26th May 2023

Markets/World

Investors rethink rate forecasts on disappointing data

By Craig Erlam We saw very mixed trade on Thursday, with the Nasdaq making strong gains of more than 1.5%, the Dow and S&P treading water, and Europe mostly in the red.

26th May 2023

Markets/World

RBNZ is done, BoE has a lot to do

By Craig Erlam It’s been a tough trading day, with UK inflation data sending worrying signals, while the RBNZ seemed to declare ‘job done’ in its inflation battle. The headline UK inflation

24th May 2023

Markets/World

Optimism amid positive debt ceiling talks

By Craig Erlam It would appear we’re heading into the weekend on a slightly more upbeat note, with stock markets posting decent gains, optimism rising over debt ceiling negotiations, and UK consumers

20th May 2023

Markets/World

Some positives for BoE from UK jobs data

By Craig Erlam Stock markets are treading water on Tuesday, with the jobs number from the UK not inspiring and Chinese data also highlighting weakness in the recovery. UK jobs data was

16th May 2023

Markets/World

Uninspiring UK Q1 growth

By Craig Erlam A day after the Bank of England upgraded growth and inflation forecasts for the UK, economic data confirmed on Friday the country posted growth (just) in the first quarter,

12th May 2023

Markets/World

BoE more optimistic after 0.25% rate hike

By Craig Erlam The Bank of England hiked interest rates by another 25 basis points on Thursday, taking the base rate to 4.5% while making significant tweaks to their economic forecasts. The

12th May 2023

Markets/World

OANDA

Services PMIs point to broader weakness, OPEC+ not as unified

May jobs report shows hiring isn’t ready to cool

Markets buoyed by debt ceiling deal

Another setback for central banks

Investors rethink rate forecasts on disappointing data

RBNZ is done, BoE has a lot to do

Optimism amid positive debt ceiling talks

Some positives for BoE from UK jobs data

Uninspiring UK Q1 growth

BoE more optimistic after 0.25% rate hike

Energy policy causes gas leak

Game over on energy plans

Property investment without the strategy

Even Pinnochio couldn’t fix this

Campaign to soften spike in asylum seekers

MOODYS: Erdogan’s unorthodoxy will undermine lira

TUS Airways launches Dubai flights

Cyprus gets first planetarium