UK retailers report a rebound in October with the monthly retail sales balance bouncing back to growth after a slump in September. CBI notes that:"Retail sales volumes recovered to growt at a firm...
Broader market sentiment is more mixed with European stocks holding lower while US futures are just a touch higher so far on the day. Meanwhile, bond yields are nudging a little higher with...
Eurostoxx -0.3%Germany DAX -0.2%France CAC 40 -0.4%UK FTSE +0.3%Spain IBEX -0.4%European indices are pinned down a little after the late slump in Wall Street yesterday. The mood is slightly balanced out by a...
There is one to take note of, as highlighted in bold.That being for EUR/USD at parity, with another large one at the similar level rolling off tomorrow as well. As such, this alongside...
German DAX futures -0.1%UK FTSE futures -0.2%European futures are a touch softer, reflecting the passive mood in Wall Street yesterday. Overall sentiment is a bit more mixed with US futures keeping higher today,...
This is the first time that EUR/USD is testing its 100-day moving average (red line) since February this year. That is a testament to the sort of rebound seen this week, with the...