Topic: Daily Market Updates

August 16, 2024

Daily Market Updates

US retail sales ease recession fears

Yields up, dollar up, on soft landing narrative. Pound holds gains after UK retail data. Euro tumbles as US defies expectations.
August 15, 2024

Daily Market Updates

Dollar under pressure after US inflation

CPI not moving the needle. Sterling softens after UK CPI. Recovered sentiment propels euro above $1.10.
August 14, 2024

Daily Market Updates

Traders add to BoE cut bets on soft UK CPI print

Milder US CPI after PPI miss? Pound drops on soft CPI print. Euro shrugs off ZEW miss.
August 13, 2024

Daily Market Updates

Pound ticks higher after jobs data

Peak pound optimism? Cause for caution. Euro directionless ahead of US CPI.
August 12, 2024

Daily Market Updates

Magnifying glass over raft of data this week

New volatility catalyst. Data deluge to determine pound’s direction. Euro remains in a consolidation mode above $1.09.
August 9, 2024

Daily Market Updates

Bouncing back, but is the unwind really over?

Like the week never happened. All eyes on inflation next week. Euro anchored above $1.09, looks for clearer signals.

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