Blogs

<ul><li>Prior 46.2</li></ul><p>The downturn in Spain's manufacturing sector eases in January with the reading being a 10-month high. Demand conditions remain subdued but at least the fall in new orders and output were not as severe. Of note, the rate of decline in both categories were the softest since June last y

<ul><li>Eurostoxx -0.5%</li><li>Germany DAX -0.4%</li><li>France CAC 40 -0.9%</li><li>UK FTSE -0.7%</li><li>Spain IBEX -0.6%</li><li>Italy FTSE MIB -0.3%</li></ul><p>It looks like there will be no talk of record highs in European indices to wrap up trading thi

Jerome Powell Says March Rate Cut “Unlikely”, Stocks Fall But Dollar Rises; Bank of England Policy Meeting Today; Non-Farms Forecast Lower; Canadian GDP Higher; US Strikes Houthis

US equity indexes declined across the board on Wednesday, faltering after market hopes for a faster pace of rate cuts from the Federal Reserve (Fed) discovered just how far ahead of policymakers they’ve run.

The NZD/USD pair remains on the defensive above the 0.6100 mark during the early Asian session on Thursday.

The Aussie Dollar (AUD) begins Thursday’s Asian session unchanged versus the US Dollar (USD) as the US Federal Reserve (Fed) decides to hold rates and opens the door to ease policy in 2024.

Another week, another all-time record for the S&P 500 index here in late January.

EUR/USD saw a hard rally in early Wednesday trading, rising three-quarters of a percent bottom-to-top after misses in German Consumer Price Index (CPI) inflation figures missed the mark, with markets pivoting back into a cautious stance ahead of the Federal Reserve’s (Fed) rate call and following press conference.

The Australian Judo Bank Manufacturing Purchasing Managers' Index (PMI) for January showed business growth eked out a crawl of 50.1 MoM, stepping up from December's 47.6 as Australia heads further into a soft landing economic scenario.