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Today sees the economic calendar continue to churn out some interesting data as markets continue to move a fair bit. This morning we have employment figures out of the UK as the headline economic event. We are expecting growth beyond the current record and a slight fall in unemployment. Consensus…

Today we see a much busier economic calendar as we get the German ZEW (investor confidence) data, Eurozone trade data, inflation data, housing markets stats and Empire State Index out of the US. We are also going to hear Janet Yellen speak to the Atlanta Fed today and the New…

Good morning as we see the start of a shortened week due to Easter. The big news out over the weekend was regarding Mario Draghi and his posturing towards the strength of the Euro. After weeks of speculation and hearsay, Draghi finally stood up and acknowledged that there is an…

As the weekend looms ever closer, it’s a very slow news day today as not a huge deal of data is being released. Yesterday saw the incredibly surprising news that the Bank of England decided to keep interest rates on hold, which did not affect the markets at all. After…

 Last night we saw another huge move on GBPUSD as it reached a high of 1.6820 before falling back again. GBP had been strengthening against the Dollar all day and the move gained even more momentum after the release of the March FOMC meeting minutes.  The sentiment which seemed to…

The good news keeps coming for the UK economy as we saw GBP strengthen against the Euro and especially against the US Dollar yesterday. The outlook is looking good as the Pound seems to be in a particularly strong position at the moment for a variety of reasons. The US…

Everything is looking marvellous and rosy in the UK at the moment as a survey from the British Chamber of Commerce showed yesterday. Export sales and orders in the services sectors beat their Q4 highs and 6 key manufacturing indicators, including employment expectations and domestic orders, hit all-time highs. Pay…

Good morning and welcome to a new week. After last weeks plethora of economic data and market activity, this week is much quieter with the main focus being on the Bank of England meeting on Wednesday leading to the rate announcement on Thursday. This is unanimously expected to remain on…

Today is “Jobs Day” in the US as the eagerly awaited nonfarm payroll data and March unemployment data are published in the US. We are looking for a figure of 200,000 new nonfarm jobs created as opposed to last months 175,000 and unemployment down from 6.7% to 6.6%. We should…

So, today is the first of 2 days that the market has been waiting for; the ECB rate decision is released at 12:45 UK time prior to Mario Draghi’s press conference at 1.30. Then tomorrow we have the US Non-farm payroll data. Both of these announcements are of extreme importance,…