China retail sales unexpectedly slip, as focus shifts to US

European equity markets ran out of steam yesterday, weighed down by the receding prospect of an imminent US stimulus deal,

14 Aug 2020

US stimulus deadlock pares gains for European markets

European stocks have given up some of their gains of the last few days, after US House Speak Nancy Pelosi pushed back on the prospect of a stimulus agreement plan in the near future. With the S&P500 close to record highs

13 Aug 2020

European stocks set for a pause ahead of US jobless claims

US stocks managed to reverse their Tuesday losses, with another strong session yesterday, with the S&P500 coming within touching distance of its previous record closing high.

13 Aug 2020

Rising yields help drive recovery optimism, sterling slides

Markets in Europe have built on their gains from yesterday with another positive session, as optimism over an apparent plateauing of infection rates, creates a momentum all of its own

12 Aug 2020

UK GDP set to post an X-rated drop, ahead of lower European market open

Despite spending most of the day in positive territory US stocks rolled over in the last hour of trading, with the tech heavy Nasdaq leading the way, in the process pulling the S&P500 back from a retest of its previous record highs

12 Aug 2020

US stimulus hopes, Russia vaccine claims, push S&P 500 close to record highs

It’s been an absolutely stellar session for markets in Europe today driven higher by hopes of a new US stimulus plan with President Trump’s recent executive orders being used as a starting point baseline

11 Aug 2020

UK unemployment set to edge higher, despite economic reopenings

US markets picked up from where they left off at the end of last week closing modestly higher yesterday, with the S&P500 pushing ever closer to its previous highs of earlier this year.

11 Aug 2020

Executive decision helps to support positive start to the week

European markets have undergone a fairly subdued session today, with gains constrained by today’s decision by Chinese authorities to retaliate on the US decision to sanction its Hong Kong officials

10 Aug 2020

Europe set for a positive start, despite mixed Asia session

While all the main headlines last week were about the new record highs in the gold price, equity markets also fared rather better than they did from the week previously,

10 Aug 2020

Dollar pops on US jobs report, gold flops

European stocks are fractionally higher this afternoon as the US non-farm payrolls report was well-received.

07 Aug 2020

US payrolls in focus, as European stocks tread water

US markets have continued to look on the bright side of life this week, posting their fourth successive daily rise after weekly jobless claims rose by 1.18m, a much lower number than the 1.4m expected,

07 Aug 2020

Trump targets Chinese tech firms, US jobs report in focus

European equity markets lost ground yesterday.

07 Aug 2020

Firmer pound hits FTSE 100, gold’s gallop continues

European equity markets have handed back some of yesterday’s gains, while US politicians have yet to reach a compromise with regards to the Covid-19 stimulus package.

06 Aug 2020

Bank of England leaves rates unchanged - tweaks forecasts

There was no surprises from today’s Bank of England rate meeting as the central bank left monetary policy unchanged,

06 Aug 2020

All eyes on BoE, Europe set for softer start

Equities in Europe and the US pushed higher yesterday.

06 Aug 2020

Stocks rise, Disney in demand, gold jumps again

European stock markets are set to finish the session in positive territory as dealers are still optimistic that politicians in the US will reach an agreement in relation to the coronavirus relief package.

05 Aug 2020