Forex

Ifo economist: A winter recession is coming

Expects Germany GDP to shrink by 0.6% in Q4Export expectations of inudstry slightly improvedRetailers' expectations at new record lowOne in two companies still planning to hike prices in the coming three monthsThat's quite...

GBP Keenly Awaits Rishi Sunak Official Appointment and Address, Possible Cabinet Reshuffle on the Cards?

POUND STERLING TALKING POINTSMarkets look to new PM Rishi Sunak for guidance around policy stance and cabinet.Calm has been somewhat restored as indicated by key GBP inputs.Ascending triangle points to impending upside breakout. Trade...

Rouble edges lower as end of tax payments period approaches By Reuters

© Reuters. A Russian one rouble coin is pictured in front of the Kremlin in Moscow, Russia, in this illustration picture taken June 24, 2022. REUTERS/Maxim Shemetov/Illustration MOSCOW (Reuters) - The Russian rouble edged...

UK bonds keep up the rally as Sunak takes over as prime minister

30-year gilt yields are down 10 bps on the day to 3.65% and the continued push lower is but a welcome development for UK markets in general. The fact that we have seen...

Dollar Edges Higher; Pound Gains Ahead of Sunak’s Appointment By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar stabilized at lower levels in early European trading Tuesday as traders factored in a potentially less hawkish Federal Reserve, while sterling benefited from...

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