EWUS

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 EWUS 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