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05.09.2022 07:00 © CMC Markets (UK) | 2022
Extended Nord Stream 1 closure set to see lower European open
While European markets enjoyed a positive end to what was a predominantly negative week, there was no such happy ending for US markets which reversed their early gains, after European markets had closed and finished the week sharply lower. The end of week lift to sentiment was a US payr...
© CMC Markets (UK) | 2022
01.01.1970 01:00 © CMC Markets (UK) | 1970
Europe set for a positive start ahead of UK data
Yesterday’s US CPI report for December, while positive for the narrative that inflation is falling back sharply, as well as reinforcing the belief that the Fed will implement another downshift in the pace of their rate hiking cycle to 25bps, also presents the FOMC with a problem.It is welcome that...
© CMC Markets (UK) | 1970
01.01.1970 01:00 © CMC Markets (UK) | 1970
UK CPI expected to move back above 10 percent
European markets finished the day higher for the second day in a row yesterday, although slightly worryingly we closed well off the highs of the day.US markets also got off to a flier led by the Nasdaq, however the early gains quickly unwound on reports that Apple was cutting production of its iPhon...
© CMC Markets (UK) | 1970
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