The first week of any month is always one of activity as there are several economic data releases that can move markets. Today is Labor Day in the US- happy
The week of 26th-30th August 2024 – Last week, Euro Area CPI data remained flat
Last week, Euro Area CPI data remained flat at 2.9% y.o.y for July, Canadian inflation fell, US Non- Payrolls posted a staggering fall of -818,000 in its annual revision of
HSBC Holdings PLC has reduced its mortgage rates to the lowest levels among major banks
HSBC Holdings PLC (LSE: HSBA) has reduced its mortgage rates to the lowest levels among major banks, sparking speculation that average interest rates could drop to around 3.5% by the
The week of 19th-23rd August 2024- RBNZ jumps the gun on interest rate policy!
Last week, the Reserve Bank of New Zealand shocked markets by cutting interest rates by a quarter of one percent, despite a most recent Q2 assessment of annual inflation of
The week of 12th-16th August 2024- US inflation figures top the bill!
Last Monday Japanese authorities were swift to attempt to re-establish some order in the markets by taking a less hawkish stance on raising interest rates in the short term. It’s
The week of 5th-9th August 2024- Payrolls plateau. Nikkei plummets
Last week, the Bank of Japan raised interest rates, The Bank of England cut and the Fed stayed pat! Bank of Japan Governor Ueda sounded quite hawkish in his conference
The week of 29th July – 2nd August 2024- Interest rate announcements galore
Last week, the Bank of Canada cut interest rates by a quarter of one percent to 4.5%, US GDP impressed at 2.8% q.o.q and US Headline PCE receded to 2.5%
The week of 22nd-26th July 2024- President Biden gives way.
In a courageous move, faltering President Joe Biden has announced that he will not stand again for President and has endorsed Vice President Kamala Harris for the Democratic nomination.
The week of 15th-19th July 2024- Fed Chair Powell downplays inflation- JP Morgan’s Dimon highlights it!
Early Monday morning markets are reacting to the shock of former President Trump’s lucky escape from an assassination attempt. Cryptos spiked on Sunday morning. Gold which rallied on Friday is
The week of 8th-12th July 2024- UK vote Labour- French rebuff the right wing.
Last week the UK voted resoundingly to boot out the Conservative government and replace it with a Labour one. Around 9.7 million people voted for Labour who won 411 seats
The week of 1st-5th July 2024- French election; UK election; US Payrolls.
I’m wondering if we will have some volatility in the market this week!? French elections are pointing to a right-wing majority in parliament. UK polls predict the UK is heading
The week of 24th-28th June 2024- A week of important US data after Bank of England disappoints!
There will be a lot of disappointed borrowers in the UK after last week’s Bank of England “unchanged” interest rate decision.