Headlines: Flailing German economy fails to breath confidence in the euro France October flash services PMI 46.1 vs 44.6 expected Germany October flash manufacturing PMI 40.7 vs 40.0 expecte… Read More
A steel worker in heat protection gear is silhouetted against the fire of a furnace at the steel plant of ThyssenKrupp in Duisburg, Germany, July 26, 2023. REUTERS/Wolfgang Rattay//File… Read More
Japanese PMI point to softness in manufacturing and services
Speculation rises that BoJ could tweak yield control policy
The Japanese yen has edged higher on Tuesday. In the European session… Read More
UK businesses stuck in reverse in October, surveys show
By Andy Bruce
LONDON (Reuters) -Britain’s businesses reported another decline in activity this month and cost pressures cooled f… Read More
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This article is an on-site version of our The Week Ahead new… Read More
UK business downturn eases after inflation data, BoE pause – PMI
LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, ref… Read More
“Renewed Upward Pressure On Inflation” – US Manufacturing Surveys Signal Stagflation Despite disappointing macro data (and tightening financial conditions), US manufacturin… Read More
Euro zone economy likely contracted in Q3 amid waning demand
By Jonathan Cable
LONDON (Reuters) – The euro zone economy probably shrank last quarter, according to a survey which showed… Read More
US
It will be a busy week filled with a wide range of economic releases, with the focus falling on the consumer and the Fed’s preferred inflation gauge. August personal income is… Read More
The US Dollar (USD) advanced against a basket of currencies on Friday as the latest batch of data on business activity from around the globe highlighted the superior position of the United… Read More
Euro falls on gloomy PMI data, dollar hits 2-month high
By Samuel Indyk and Ankur Banerjee
LONDON (Reuters) – The euro fell to a more than two-month low against the dollar and a 12-mon… Read More
The most important economic data for this week are:
Tuesday:
US Job openings at 14:00 GMT for the month of July where market expects the figure to drop from 9.58 million to 9.57 million.
Wed… Read More
Credit decisioning platform Uplinq has partnered with Visa to offer small businesses in the US and Canada access to credit. The collaboration aims to help lenders reduce risk while providing… Read More
Business activity across the eurozone contracted much more sharply than expected this month, a survey showed, as service sector output joined manufacturing in decline amid surging inflation… Read More
BRUSSELS: The eurozone economy is contracting at its fastest rate in three years as a steep decline in manufacturing begins to spread to services, a key survey said Wednesday.
Data from the… Read More
US
Everyone will be watching the US inflation report as a cool report could help support soft landing hopes and seal the deal for some that the Fed is done raising rates. Expectations for th… Read More
After recovering from a weak start, European stocks suffered a setback around noon on Friday, but recovered well to close on a fairly firm note after data showing a smaller than expected… Read More
On Tuesday 25th July 2023, crude oil prices were able to stabilize near three-month highs. Much of this stabilization was because traders were waiting for the US Federal Reserve meeting afte… Read More
US
This week is all about inflation. Annual inflation will tumble as energy prices drop and due to base effects, but many traders will pay close attention to the core readings. CPI on… Read More