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Justin Low

UK October final manufacturing PMI 46.2 vs 45.8 prelim

A slight revision higher but it still marks a modest contraction of the manufacturing sector in the UK as output, new orders and new export business all decline. That comes despite input cost...

Switzerland October manufacturing PMI 54.9 vs 56.0 expected

The solid growth in the Swiss manufacturing sector continues, though at a slower pace. Of note, one in three firms have taken measures to counter potential energy shortages with the crisis triggering a...

ECB’s Lagarde: We will have further rate increases in the future

No definitive number of rate hikes as forward guidance is abandonedDecision on future path and pace of rate hikes are on a meeting-by-meeting basisThe destination is clear, and we are not there yetFull...

Dollar pressured lower ahead of European trading

The dollar is coming under some pressure as we transition from Asia to Europe, falling to fresh lows on the day. There's not much major headlines floating about but there are some rumours...

Japan’s Suzuki: Further sharp yen weakening is unfavourable with inflation being an issue

A further sharp weakening in the yen is unfavourable in the current situation, when inflation is an issueIs the narrative starting to change? There was already a subtle hint by the BOJ on...

Mixed feelings with the Fed in focus

The central bank bonanza continues into the new week with the RBA raising its cash rate by a measly 25 bps today. The decision was much expected but there was certainly a case...

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