Breaking Data
Latest stock market data plus index, currencies, and commodities performance
US employment report shows labour demand stalling
A soft set of employment numbers from the US this afternoon and which leaves the Fed looking precariously behind the curve policy-wise.
2 Aug 2024, 15:19
BoE surprises with an interest rate cut
The BoE showed an increased willingness to tolerate data misses and vote to cut interest rates today. But going forward, the pace of monetary loosening to come looks set to be slow and gradual.
1 Aug 2024, 13:06
Euro-area Q2 growth beats expectations
Today's reading shows an unchanged pace of growth compared to Q1. But the ECB will still find itself under pressure to cut rates again in September.
30 Jul 2024, 12:32
US Q2 GDP report rules out the small chance of a July interest rate cut
Although the main factors behind today's better GDP numbers look unsustainable going forward, the report should put to bed the suggestions made recently that the Fed should cut interest rates this month.
25 Jul 2024, 14:58
How UK PMI Data & Rate Cut Speculation Affect Jordan’s Market
Although today's reports showed output prices to be slowing, robust outlooks for both growth and employment will do nothing to assuage BoE concerns about the strength of underlying inflationary pressures going forward.
24 Jul 2024, 11:26
US June retail sales numbers show consumer spending continuing to weaken
Today's report shows consumer spending continuing to slowly soften, presenting no obstacle to hold the Fed back from cutting interest rates.
16 Jul 2024, 15:19
Stronger US PPI numbers still allow the Fed to cut interest rates in September
Today's PPI numbers appear at first glance to rule out any suggestion of a first interest rate cut being delivered in September. But as with all such reports, the devil is in the detail.
12 Jul 2024, 15:20
US CPI report gives the Fed the green light to start cutting interest rates
Today's report showed disinflationary pressures to be widespread across the US economy. Reasons for the Fed to delay cutting rates are becoming few and far between.
11 Jul 2024, 15:05
US PCE and personal spending data bolster case for September Fed rate cut
With core PCE growing increasingly slowly while personal spending stalls, the case for cutting interest rates continues to strengthen.
28 Jun 2024, 15:38
UK public sector borrowing starts the new fiscal year on a slightly brighter note
Borrowing in the new fiscal year is so far running lower than forecast. But unrealistic spending plans going forward mean the next government faces a fiscal 'pandora's box' of tax rises and/or borrowing more if already creaking public services are not to be cut back further.
21 Jun 2024, 14:11