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Eamonn Sheridan

UK data shows consumer spending in September lagging

Barclaycard data for spending on its credit and debit cards+1.8% y/y September, the weakest reading since February 2021"Energy price increases are understandably causing concern for Brits, as they worry whether they will have...

Australia data – private survey shows September household spending -0.5% m/m (prior +0.9%)

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable...

ICYMI – Fed's Brainard and Evans spoke on Monday, US time

<p>Greg had the comments as they hit (read from the bottom up for the chronology:</p><ul class="text-align-start vertical-align-baseline"><li><a href="https://www.forexlive.com/centralbank/more-from-brianard-inflation-a-significant-challenge-for-all-americans-20221010/" class="article-link">More from Brainard: Inflation a significant challenge for all Americans</a></li><li class="vertical-align-baseline"><a href="https://www.forexlive.com/news/feds-brainard-it-will-take-time-for-cumulative-tightening-to-bring-inflation-down-20221010/" class="article-link vertical-align-baseline">Fed&apos;s Brainard:...

UK FCA wants daily reports on any significant deterioration in market conditions

The UK's Financial Conduct Authority wants reports on gilts and associated markets daily reports on any significant deterioration in market conditions---Reuters with the headline citing an unnamed source. I guess the only thing...

Fitch says the actual OPEC+ oil output fall will be less than the cuts

Fitch saying what we all already know. Oil producers have been unable to hit their quota production prior to the cuts. Fitch (in brief):OPEC+’s decision to cut production quotas by 2 million barrels...

ECB's Knot – expects significant moves by ECB will be needed in 2023 to get inflation down

<p>Dutch central bank governor and hence a European Central Bank Governing Council member, Klaas Knot,</p><ul><li> Markets seem to underestimate the upward risks in inflation outlook</li><li>Expects inflation to go down in 2023, but...

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