European markets under pressure ahead of Federal Reserve meeting
European markets were under pressure this morning, as investors paused for breath ahead of a Federal Reserve meeting. The pan-European Stoxx 600 edged down by around 0.1% during mid-morning deals, with most sectors in negative territory and major bourses pointing in opposite territo…
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CPI Inflation rises to 2.9%
The latest ONS inflation data came out this morning, and it showed a huge jump in the 12-month Consumer Prices Index, rising to 2.9% in August, up from 2.6% in July. These increases were broad based, with prices for clothing and footwear, furniture and household goods and restaurants and hotels…
George Osborne attempts to entice Chinese
Chancellor George Osborne is part of a UK trade delegation to China, attempting to increase the business and investment links between the two countries. The China has growth figures that western countries could only dream of at the moment, and the UK is attempting to benefit from this in different areas…
NFP Preview - 07-April-2014
Economists’ Expectations: Rabobank: It’s expected that the economy will have added around 180,000 jobs in March, which is more than enough to absorb the inflow of labor and, hence, to reduce the slack in the job market. The expected gain in payrolls would follow a 235,000…
Markets subdued prior to BoE and ECB rate announcements
The markets seem relatively subdued this morning ahead of BoE and ECB announcements, with the US closed for Independence Day volumes are likely to be lower…