Goldman Sachs says there are risks of a greater surge for electricity and gas this winter 0 (0)

Goldman Sachs weighs in on the latest surge in energy prices
The firm says that they see risk of power blackouts for industries in Europe and that with a „harsh winter“ nearing, there are risks of a greater surge in electricity and gas and that prices need to rise in order to reduce demand.

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UK PM Johnson set to reshuffle cabinet after PMQs today 0 (0)

Another twist to the political merry-go-round in the UK
No10 source confirms reshuffle is on
‚The PM will today conduct a reshuffle to put in place a strong and united team to Build Back Better from the pandemic‘
There has been rumours floating about on this for a few days now and it will begin after PMQs have

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US MBA mortgage applications w.e. 10 September +0.3% vs -1.9% prior 0 (0)

Latest data from the Mortgage Bankers Association for the week ending 10 September 2021
–  -1.9%
– Market index 707.9 vs 705.6 prior
– Purchase index 277.9 vs 258.4 prior
The jump in mortgage applications in the past week owes much to a surge in purchasing activity as refinancing activity declined heavily. There’s still some mixed sentiment on the

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FX option expiries for 14 September 10am New York cut 0 (0)

A look at what is on the board for today
A couple of big ones to take note of, as highlighted in .
bold
In particular, the ones for EUR/USD (1.1835), USD/CAD, and AUD/USD may act as magnets for price action before rolling off later in the day but if anything else, they could largely just act as

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ICYMI: Growing calls for a correction in equities 0 (0)

Is the market headed for a sharp retracement by year-end?
That seems to be the line of thinking among the big houses (↑) as of late at least.
The frothy levels in equities were highlighted in the risk considerations (second bullet point) last week (↓), and that seems to be one of the main reasons that perhaps

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