NIESR with their latest projections on the UK economy
Schlagwort-Archiv: GBP
US October NFIB small business optimism index 98.2 vs 99.1 prior
Latest data released by NFIB – 9 November 2021
With the overall situation unlikely to abate in the months ahead, expect that to weigh further on overall activity going into next year at least.
With the overall situation unlikely to abate in the months ahead, expect that to weigh further on overall activity going into next year at least.
The mood music begins to shift in equities, again..
European indices inch higher while US futures pare early declines
Major European indices are up around 0.1% to 0.2% with the French CAC 40 briefly clipping a record high of 7,067.50 on the session.
Major European indices are up around 0.1% to 0.2% with the French CAC 40 briefly clipping a record high of 7,067.50 on the session.
Yen holds early advance, major currencies mostly little changed otherwise
Not a whole lot happening so far today
Besides some action in the and , major currencies are largely more subdued with EUR/USD holding around 1.1590-00 for the most part and commodity currencies also barely budging against the dollar so far today.
Besides some action in the and , major currencies are largely more subdued with EUR/USD holding around 1.1590-00 for the most part and commodity currencies also barely budging against the dollar so far today.
Germany November ZEW survey current conditions 12.5 vs 18.0 expected
Latest data released by ZEW – 9 November 2021
As for the improvement to the outlook, ZEW notes that market experts are more optimistic about things in the next six months – expecting growth to pick up again and inflation to fall in both Germany and across the Eurozone.
As for the improvement to the outlook, ZEW notes that market experts are more optimistic about things in the next six months – expecting growth to pick up again and inflation to fall in both Germany and across the Eurozone.
US futures pare early declines ahead of North American trading
Tesla down on Elon Musk shenanigans but broader sentiment recovers
Tech was an early drag at the start of the day but Nasdaq futures have managed to turn around a 0.4% drop to flat levels now. In turn, S&P 500 futures are also up a touch by 0.1% and getting closer to the 4,700 mark.
Tech was an early drag at the start of the day but Nasdaq futures have managed to turn around a 0.4% drop to flat levels now. In turn, S&P 500 futures are also up a touch by 0.1% and getting closer to the 4,700 mark.
Heads up: Fed chair Powell to speak later in the day
Powell scheduled to speak at 1530 GMT
He is due to deliver the opening remarks at the ‚Gender and Economy Conference‘, hosted by the Fed later today. The conference is centered around exploring how gender and opportunity influence economic and financial outcomes over an individual’s lifetime.
He is due to deliver the opening remarks at the ‚Gender and Economy Conference‘, hosted by the Fed later today. The conference is centered around exploring how gender and opportunity influence economic and financial outcomes over an individual’s lifetime.
Eurozone November Sentix investor confidence 18.3 vs 15.5 expected
Latest data released by Sentix – 8 November 2021
The current conditions index fell from 26.3 in October to 23.5 in November though, its lowest figure since June but the expectations index moved up from 8.0 to 13.3.
The current conditions index fell from 26.3 in October to 23.5 in November though, its lowest figure since June but the expectations index moved up from 8.0 to 13.3.
Oil picks up from where it left off at the end of last week
WTI up over 1% to $82.20 levels on the day
After some exhaustion at the highs around $85, WTI slipped back below $80 on Thursday last week only to recover strongly on Friday – helped by a weaker dollar.
After some exhaustion at the highs around $85, WTI slipped back below $80 on Thursday last week only to recover strongly on Friday – helped by a weaker dollar.
Major currencies little changed for the most part so far on the day
A flattish Monday
With risk sentiment tepid and not really in the mood for anything thus far, it is leaving traders little to work with as we get things going on the new week.
With risk sentiment tepid and not really in the mood for anything thus far, it is leaving traders little to work with as we get things going on the new week.