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Market Update – 25th August 2020.
25th August 2020
We thought we would be having a quiet start to the week as there was little in the way of economic data yesterday (24 August 2020), as most of the data readings are being released later on in the week.
Market Update - 21st August 2020.
21st August 2020
On the surface, yesterday’s US jobless data was disappointing as initial claims unexpectedly increased back above 1m, with a reading of 1.1m for the week ending Saturday 15 August 2020, while the previous week’s reading was revised higher to 971,000.
Market Update - 20th August 2020.
20th August 2020
We were completely vexed with the minutes from the Fed’s last monetary policy meeting, given policymakers thought the US economic rebound would be slower than they previously thought, yet policymakers didn’t give any indication that more stimulus would be provided.
Market Update - 19th August 2020.
19th August 2020
The US economic surprises continued coming yesterday (Tuesday 18 August 2020) with readings for both housing starts and building permits coming in significantly higher than economist expectations.
Market Update – 18th August 2020.
18th August 2020
This time last week we thought we would be giving you an update on the progress of the US/China trade tensions following the Phase 1 review over the weekend and potentially something on a new US virus relief stimulus package.
Market Update – 14th August 2020.
14th August 2020
Yesterday’s (13 August 2020) US jobless claims data came in much better than expected.