Topic: Daily Market Updates
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Pound recovers after UK jobs report
UK wage growth hits record high, dollar hits 1-month high, and the euro is cushioned by China rate cut.
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Dollar firms as risk assets feel the squeeze
It’s all about the dollar but gains still limited, China is limiting the euro’s potential, and the pound mixed before UK wage and inflation data.
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Markets whipsaw as US inflation digested
CPI bolsters cause for a Fed pause, will the ECB pause in September as well? Pound buoyed by GDP beat.
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US inflation test looms
First inflation uptick in 12 months? Pound rides wave of risk sentiment, and a lot of small issues are piling up in Europe.
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A tough world for banks
Low demand but high inflation expectations, US credit risks on the rise? Pound mixed as risk sentiment sours.
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China trade data weighs on sentiment
Pound mixed as risk sentiment sours, dollar firms but all eyes on inflation data. German disinflation continues, yields at 5-week low.