The latest set of PMI numbers for October is only serving to reaffirm an intensifying downturn in the Eurozone as conditions continue to be largely hampered by high inflation and cost-of-living concerns. The...
Prior 47.8Services PMI 44.9 vs 44.7 expectedPrior 45.0Composite PMI 44.1 vs 45.3 expectedPrior 45.7The German economy sinks deeper into contraction territory to start Q4 with both the services and composite readings being at...
When Japanese authorities stepped in earlier, the pair fell from 149.62 to 145.48 in quick succession. However, the intervention move was quickly bought up before the pair held close to 149.00 for the...
The big news overnight in the UK is that Boris Johnson has bowed out of the race to become the next UK prime minister. He said that he had cleared "the very high...
Will continue to put all effort into achieving price targetIt is extremely unfavourable that Japan's inflation oustrips wage growthThe headline remark suggests that we are not likely to see a BOJ pivot of...
We're seeing another fresh round of bids in the dollar as Treasury yields continue to pull higher on the day. 10-year yields are up nearly 10 bps to 4.32% and that is keeping...
