Jerome Powell testifies
Good morning,
Yesterday afternoon Fed Chair Jerome Powell testified before the House Financial Services Committee. Following the relatively hawkish rhetoric us... Read More >
Non Farm Payrolls
Non-farm Friday on the horizon
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After touching a 2021 low last week, sterling managed to bounce back and claw back against the dollar. Touching just north of 1.3410, GBP-USD l... Read More >
US labour market data in focus
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Yesterday, US initial claims for unemployment benefits printed at 340,000 against the previous 354k. Nevertheless, the market did not react to ... Read More >
Pushing the high
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Overnight the pound made a run above 1.18 against the euro, making that the high for the year. Looking back to the beginning of April, the exch... Read More >
UK and US employment takes the headlines
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The U.S. dollar has been the dominate force in the last 24 hours pushing GBPUSD to a low of 1.4085 and EURUSD down to 1.2105. The driving facto... Read More >
The pound gets its day
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Yesterday was a great day for the pound. As mentioned in yesterday’s update, the way that the Scottish regional elections played out over the w... Read More >
A big day for Sterling
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The Pound had marginal gains against both the euro and dollar yesterday where it tested the key 1.16 level against the single currency. Sterlin... Read More >
US creates jobs
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Whilst most were off for Good Friday Bank holiday in the UK, the US released some key jobs data. The figures showed the US economy created more... Read More >
Non-Farms and Portugal add to market confusion
http://www.youtube.com/watch?v=U-RFDX7XTEw
Have the improvements in the US economy started to slow already? Friday’s jobs figures from the States were a fairly... Read More >
World First in the press: scotnetwork.com 8 October 2010
US job figures worse than expected
By Philip Inman
www.scotnetwork.com 8 October 2010
Click here to read the full article... Read More >