The Canadian Dollar (CAD) has experienced a significant decline in its FX macro fundamental scorecard over the past nine weeks. This drop, which is the largest seen alongside the Norwegian Krone (NOK), has been driven by a sharp fall in Canada’s terms of trade and e...
The British pound experienced a slight decrease on Thursday following the release of data that showed a slowdown in British inflation in March. Despite this, the sterling remained higher against the dollar for the day due to gains made earlier. The rate of British i...
U.K. inflation cooled by more than expected in March, providing some room for the Bank of England to cut interest rates once more next month. Annual consumer price inflation rose 2.6% in March, below the 2.8% seen the prior month, but still above the U.K. central ba...
European equity indices retreated Wednesday as the trade war between China and the U.S. intensified, raising concerns over the strength of the global economy. At 03:05 ET (07:05 GMT), the DAX index in Germany dropped 0.5%, the CAC 40 in France slipped 0.7% and the ...
UBS has revised its GDP growth forecasts for the U.K. for 2025 and 2026, citing stronger-than-expected economic growth in the first quarter of 2025 and anticipated smaller-than-expected negative indirect effects. The Swiss multinational investment bank on Monday ra...
Gold prices fell slightly in Asian trade on Tuesday, but remained in sight of recent peaks as demand for safe havens remained underpinned by uncertainty over U.S. plans for trade tariffs. Bullion lost some ground in recent sessions as the exemption of electronics im...
The British pound gained traction on Tuesday, recovering some of its losses against the euro, as market volatility that has been prevalent for the past few weeks started to fade. On Tuesday, macroeconomic data indicated a potential weakening in the UK’s labor market...
Ryanair (LON:0RYA) chief executive Michael O’Leary has warned that the airline may delay deliveries of Boeing (NYSE:BA) aircraft if new U.S. trade tariffs significantly raise costs, the Financial Times reported on Tuesday. O’Leary told the FT that Ryanair could post...
The U.K. unemployment rate remained unchanged in February, as widely expected, data showed Tuesday, but wages growth continued to be an issue for the Bank of England as it attempts to guide the U.K. economy through difficult waters. According to the Office for Natio...
European equity indices mostly edged higher Tuesday as investors digested regional corporate earnings and economic data, amid tentative optimism that there will be some respite from U.S. President Donald Trump’s tariffs regime. At 03:15 ET (07:15 GMT), the DAX inde...
