UK unemployment rises to levels last seen in late 2021. Average earnings touted as key by the BOE smashed estimates and is likely to add pressure on the Central Bank to keep its foot on the rate hike pedal....
The Australian Dollar initially dipped lower before rallying as the US Dollar paused in its recent run-up while Chinese data showed a fragile economy needing stimulus. Higher AUD/USD?...
The gold price slide continues today as markets assess the consequences of a rising US Dollar and Treasury yields. China’s outlook is under the microscope and could impact XAU/USD....
Wall Street managed to start the week higher, tapping on some recovery in big tech and semiconductors to override earlier jitters around China’s property and financial sector risks....
US stocks edge higher despite a number of headwinds: higher 10-year yields, US dollar and news of Tesla’s discounted offering in China seeing the stock gap lower...
The Pound heads into the new week having seen consolidation for the majority of August. Inflation and employment data lie ahead and could give the GBP a directional nudge....