U.S. stock index futures advanced to kick off a shortened trading week.
Markets Week Ahead: Nasdaq 100, US Dollar, GBP, Brexit, Fed, Treasury, Thanksgiving
Rising Covid cases in the US and a squabble between the Treasury and Fed dented market sentiment this past week. The tech-heavy Nasdaq outperformed its index counterparts as longer-dated government…
EUR/USD touches 1.1900 as dollar eases lower on the session
The dollar is keeping weaker across the board so far today
EUR/USD is once again testing the 1.1900 handle, reaching a high of 1.1906, as the dollar is seen weaker so far in European trading today.
EUR/USD is once again testing the 1.1900 handle, reaching a high of 1.1906, as the dollar is seen weaker so far in European trading today.
EU’s Barnier: Fundamental divergences remain, continuing to work hard for a deal
Barnier setting the backdrop ahead of negotiations this week
After technical discussions this weekend, negotiations continue online today with @DavidGHFrost and our teams. Time is short. Fundamental divergences still remain, but we are continuing to work hard for a deal.
After technical discussions this weekend, negotiations continue online today with @DavidGHFrost and our teams. Time is short. Fundamental divergences still remain, but we are continuing to work hard for a deal.
Brexit: Rumours of a „temporary deal“ in the works to be agreed this week
Tweet by Dave Keating, Brussels correspondent for France 24
I’m hearing rumours we may see an emergency „temporary #Brexit deal“ agreed this week to avoid #NoDeal happening in midst of #COVID19.
Just something to take note. This could be what all the murmurs and whispers were referring to since the weekend.
I’m hearing rumours we may see an emergency „temporary #Brexit deal“ agreed this week to avoid #NoDeal happening in midst of #COVID19.
Just something to take note. This could be what all the murmurs and whispers were referring to since the weekend.
BOE’s Haldane: UK economy has probably recouped around two thirds of pandemic losses
Comments by BOE chief economist, Andy Haldane
– Vaccine offers hope
– Burden of hardship fallen disproportionately on lowest paid, lower skilled workers
– Risk that anxiety leads to a gloom loop
Well, after the Q3 rebound the UK economy is still some 9.7% lower when compared to the end of 2019. For some context, that makes it equivalent
– Vaccine offers hope
– Burden of hardship fallen disproportionately on lowest paid, lower skilled workers
– Risk that anxiety leads to a gloom loop
Well, after the Q3 rebound the UK economy is still some 9.7% lower when compared to the end of 2019. For some context, that makes it equivalent
UK November flash services PMI 45.8 vs 42.8 expected
Latest data released by Markit/CIPS – 23 November 2020
The jump in the manufacturing reading owes much to an increase in supplier delivery times amid severe delays at UK ports, as well as robust levels of stock building ahead of the end of the Brexit transition period on 31 December.
The jump in the manufacturing reading owes much to an increase in supplier delivery times amid severe delays at UK ports, as well as robust levels of stock building ahead of the end of the Brexit transition period on 31 December.