European markets in green following positive market sentiment

European markets in green following positive market sentiment. The pan-European Stoxx 600 moved 0.22% higher. Overall sentiment in Europe buoyed by gains in Asia and on the Wall Street. In the bond market, the U.S. 10-year Treasury yield was up 3 basis points.

Bank Of England Set To Cut Rates Before The Fed As Officials Turn Dovish

Bank Of England Set To Cut Rates Before The Fed As Officials Turn Dovish. The Bank of England is right to draw a distinction between the UK and US inflation outlook. We expect the first rate cut to be in August or maybe even June. Investors now expect two rate cuts in the UK this year.

UK's flash composite PMI rises to 54 points in April

UK's flash composite PMI rises to 54 points in April from 52.80 points in March 2024, a 11-month high. Flash manufacturing PMI in the United Kingdom decreased to 48.70 in April, a 2-month low. UK's flash services PMI increased to 54.90 in April.

European markets in green with London index touching an all-time high

European markets in green with London index touching an all-time high. FTSE 100 hits an intraday record high. The pan-European Stoxx 600 moved 0.52% higher. Tech stocks led gains, while mining stocks fell. U.S. 10-year Treasury yield up less than 1 basis point.

Weekly Report: what happened at FKU last week (0415-0419)?

European markets mostly positive after last week's uncertainty

European markets mostly positive after last week's geopolitical tensions. The pan-European Stoxx 600 moved 0.12% higher. Consumer confidence index in Denmark fell to -8.6 in April 2024. U.S. 10-year Treasury yield up 3 basis points to 4.64%.

European markets fall as Middle East tensions soar

UK retail sales rise 0.8% Y/Y

Sticky U.K. Services Inflation Pushes Back Rate Cut Hopes

European markets in green despite Wall Street declines

Inflation Progress May Be Bumpy, But Is Likely To Continue

European markets positive despite Fed's hawkish stance

UK's inflation rises to 3.2% in March, more than expected

European markets slump on rising Middle-East tensions

European markets slump on rising Middle-East tensions. The pan-European Stoxx 600 moved 1.41% lower. Germany's wholesale prices fell by 3% year-on-year in March 2024. U.K. Unemployment rose to 4.2%, up from 3.9%.

UK's unemployment rate at 4.2% in February

UK's unemployment rate at 4.2% in February from 3.90% in January 2024. The figure is above market consensus of 4%. Unemployment rate in the UK increased to 4.20% inFebruary from 4.1% in Jan 2024. EWU, FKU, FLGB.

Weekly Report: what happened at FKU last week (0408-0412)?

European markets mixed amid tensions in Middle East

European markets mixed amid tensions in Middle East. The pan-European Stoxx 600 moved 0.25% higher. Auto stocks led gains, while oil and gas fell. Poland's annual inflation rate edged down to 2% in March 2024. In the bond market, the U.S. 10-year Treasury yield up 7 basis points.

The U.K.'s Summer Rate Cut Hinges On April's Inflation Data

Delays to the first Federal Reserve rate cut and potential strength in April's inflation data suggest an August rate cut is still slightly more likely than June for the Bank of England. Much hinges on the April CPI data due later in May. Markets have taken notice of recent BoE comments. Markets now expect lower UK rates in two years' time than in the US.

Global Market Perspectives Q2 2024: What's Not To Like?

Home Market Outlook Today's Market Perspectives Q2 2024: What's Not To Like? U.S. Economy continues to grow, overshadowing other major global economies of 2023. With most other global economies still struggling, the U.s. Will remain the strongest global performer.

European markets in green territory as traders digest monetary outlook

European markets in green territory as traders digest monetary outlook. The pan-European Stoxx 600 (STOXX) moved 1.17% higher. All sectors and major bourses in positive territory. ECB kept interest rates at record-high levels for the fifth time in a row.