Digest – Thursday saw the ECB cut 25bp as expected, while stocks rallied, and gold surged to a fresh ATH, as a quiet calendar awaits today to wrap up the…

The post Gold glimmers as sentiment stays solid appeared first on London Business News | Londonlovesbusiness.com.

The ECB delivered their second rate cut of the cycle today, as had been fully expected and already discounted by financial markets, having been well-telegraphed in advance by Governing Council…

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Having delivered the first Bank Rate cut of the cycle at the August meeting, the MPC are likely to stand pat this time around, instead waiting for the November meeting,…

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The August US CPI figures showed a further cooling in price pressures, with annual inflation falling bang in line with market expectations, at 2.5% at a headline level, and 3.2%…

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This morning’s UK GDP report pointed to the economy unexpectedly stagnating in July, notching no growth for the second straight month. Meanwhile, on a rolling 3-month basis, GDP growth cooled…

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This morning’s UK employment data pointed to a mixed labour market picture in July, with unemployment declining further, even as earnings pressures continued to cool Unemployment dipped further, to 4.1%…

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Digest – Friday’s US labour market report did little to clear up the ‘25bp vs. 50bp’ Fed cut debate, leaving markets hyper-sensitive to incoming data, wanting more easing than is…

The post Mixed NFP means markets want more cuts than they’re likely to get appeared first on London Business News | Londonlovesbusiness.com.

The August US labour market report painted something of a mixed picture of the employment situation. Headline nonfarm payrolls marginally missed expectations, at +142k last month, though such a print…

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Digest – Conviction was again lacking yesterday with sentiment rather soft once more, as all eyes now turn to the all-important August US labour market report. Where We Stand –…

The post Financial market analysis appeared first on London Business News | Londonlovesbusiness.com.

Digest – Sentiment remained on shaky ground yesterday, as dismal US job openings data pressured stocks, and drove a haven bid into bonds, as a busy docket looms ahead of…

The post Financial market analysis appeared first on London Business News | Londonlovesbusiness.com.