UK economic uncertainty Consumer spending in June was at its weakest since the mid-1990s, adding further evidence that the British economy is shrinking. According to survey data released today by BRC. Consumers are no longer propping up the economy. Lower consumer confidence. Weak second quarter GDP figures expected. Continued BrexitRead More →

Quieter day on the economic calendar U.S. – Stock markets closed for Independence day holiday. EU – Retail sales data due at: 10:00 Ongoing – U.S. & China trade war uncertainty manifests – markets waiting for ongoing trade discussion updates, FED interest rate cut (July rate cut speculation increases dueRead More →

Dow Jones

FED interest rate cut on agenda? After the release of weaker-than-expected economic data, stocks traded higher Wednesday, as investors bet on a potential rate cut from the Federal Reserve later this month. Global economic slowdown? Recent disappointing data somewhat paves the way for the Fed to lower rates at itsRead More →