Inflation across the United Kingdom fell unexpectedly in August to its lowest level since Russia launched its invasion of Ukraine, a development that has reined in expectations of a 15th s… 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

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

Stocks earning driven rally supports risk assets USD softer against majority of trading partners Jobless Claims drop to lowest levels since January It’s dawning on Wall Street that des… Read More

– US consumer sentiment unexpectedly worsened significantly in September Consumer sentiment fell for the second straight time due to rising inflation. The barometer fell to 103… Read More

Ford’s largest plant globally, located in Kentucky, was unexpectedly shut down by the United Auto Workers (UAW) on Wednesday. This move comes as part of the union’s targeted stri… Read More

Dow went up 82, decliners over advancers better than 3-2 & NAZ gained 46.  The MLP index was steady in the 239s & the REIT index fell 2+ to the 338s while yields rose.  Jun… Read More

Wall Street ticked higher early Wednesday ahead of a decision on interest rates by the Federal Reserve. Futures for the both the S&P 500 and the Dow industrials were up about 0.2% befor… Read More

Dow sank 388 (near session lows), decliners over advancers a notable 5-1 & NAZ dropped 207.  The MLP index declined 3+ to the 243s & the REIT index fell 6+ to the 337s.  Ju… Read More

BOE officials vote 5-4 to keep rates on hold, first pause in almost 2-years Traders are no longer fully pricing in anymore quarter point rate rises Global bond market selloff saw Gilts rise… Read More

Dow went up 89, advancers over decliners 5-2 & NAZ gave back 22.  The MLP index rose 2+ to the 241s & the REIT index crawled up 1 to 368.  Junk bond funds traded higher &am… Read More

Eurozone August Services PMI fell into contraction territory; dropping from 50.9 to 48.3 Treasuries extend gains after global PMIs disappoint; double digit declines across global 10-year bon… Read More

(Bloomberg) — Just when US traders were trying to take a break from all the anxiety on whether Federal Reserve rate hikes will cause a recession, speculation about a tweak in policy on… Read More