Scheduled daily economic news and data most likely to move markets 23rd July 2019 EU – ECB bank lending data due at: 09:00 BST UK – BoE Financial Policy Committee meeting minutes due at: 09:30 BST UK – Leadership announcement and next Prime Minister due at: 11:30 -12:00 BST UKRead More →
Closing positions of: FTSE 100, S&P 500, DOW, DAX, NASDAQ, NIKKEI & GOLD I trade these on a regular basis FTSE 100 – closed at: 7515 DAX – closed at: 12289 DOW – closed at: 27172 S&P 500 – closed at: 2985 NASDAQ – closed at: 8201 NIKKEI – closedRead More →
Company performance, economic and political events and especially market sentiment will always influence market movement. I have briefly summarised some events that may actively impact markets Market moving news roundup, 18th July 2019 Summary Japan exports fall. Sterling continues its slide. Bank of Korea delivers unexpected rate cut of 25Read More →
Scheduled economic news and data most likely to move markets 16th July 2019 Australia – Reserve Bank of Australia meeting minutes UK – employment and wage data due at: 09:30 (BST Germany – economic sentiment survey due at: 10:00 (BST) UK – Bank of England Carney speech due at: 13:00Read More →
Sterling The value of sterling slipped Wednesday 3rd. July 2019 after the Bank of England warned that a global trade war and a no-deal Brexit were growing risks to the UK’s economy and may require a response. FTSE 100 The FTSE pushed up to touch 7620 in intra-day trading asRead More →
Brexit paralysis takes hold of the service sector Latest purchasing managers index (PMI) service data indicates that the UK economy is shrinking or at the very least remains flat. The reading fell to 50.2 in June, below the 51 that had been expected. Brexit uncertainty continues to dampen business enthusiasmRead More →
June data released today 2nd. July 2019 appears to show UK construction dramatically slowed May 2019 reading was 48.6 with commentators expecting the June reading to be 49.2. A reading above 50 shows growth, below 50 demonstrates contraction. June’s purchasing managers index – PMI reading came in at: 43.1 –Read More →
Today’s fall in UK manufacturing PMI data should not come as a surprise The lack of coherent leadership surrounding the UK’s exit from the European Union continues to bring uncertainty that is heavily corroding the confidence and ability of businesses and customers alike to make informed investment decisions in theRead More →