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Justin Low

BOE the main event on the agenda today

The dollar remains in a solid spot after the Fed sent a hawkish message via Powell's press conference yesterday. The initial statement reaction was quickly faded and the greenback now sits in a...

Can’t stop, won’t stop | Forexlive

In the FOMC statement yesterday, markets got a taste of something new and interpreted it in a dovish light as the Fed noted that:"In determining the pace of future increases in the target...

US MBA mortgage applications w.e. 28 October -0.5% vs -1.7% prior

Prior -1.7%Market index 200.1 vs 201.1 priorPurchase index 160.5 vs 160.4 priorRefinance index 386.7 vs 394.7 prior30-year mortgage rate 7.06% vs 7.16% priorAnother week, another slump in mortgage activity as high rates continue...

Markets tentative awaiting the Fed

Equities and bonds show little appetite on the day Justin Low ...

Eurozone October final manufacturing PMI 46.4 vs 46.6 prelim

A further slump in demand conditions sees the euro area manufacturing downturn deepen in October, with the headline reading being a 29-month low. Geopolitical uncertainty, high inflation and weaker economic conditions around the...

Germany October unemployment change 8k vs 15k expected

Prior 14kUnemployment rate 5.5% vs 5.5% expectedPrior 5.5%The jobless rate keeps steady and the numbers show that overall conditions continue to be solid in the labour market. The labour office notes that there...

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