Prior was +2.8% Productivity +1.8% vs +2.0% expected (lowest since Q1 2025) Prior productivity +2.8% These numbers are very tough to draw conclusions from. There is so much variance in quarterly unit…
USDJPY consolidates below the key 160.00 figure as focus turns to US-Iran negotiations UK March flash services PMI 51.2 vs 53.0 expected Trump wants a deal but negotiations not likely to be…
Prior 53.9 Manufacturing PMI 51.4 vs 50.1 expected Prior 51.7 Composite PMI 51.0 vs 52.9 expected Prior 53.7 Key Findings: Input price inflation jumps to its highest for just over three years…
Prior 51.9 Manufacturing PMI 51.4 vs 49.4 expected Prior 50.8 Composite PMI 50.5 vs 51.0 expected Prior 51.9 The manufacturing sector is the only bright spot, with Germany leading the recovery in…
The Reuters report cites three senior Israeli officials in saying that US president Trump appears to be quite determined in trying to strike a deal with Iran. That as he is aiming…
Prior 50.9 Services PMI 51.2 vs 52.5 expected Prior 53.5 Composite PMI 51.9 vs 52.0 expected Prior 53.2 I would ignore the headline figures as they don’t reflect the real picture. The…
Al Arabiya reports that sources to Yedioth Ahronoth, Israel’s largest paid newspaper, said that Iran’s foreign minister Araghchi secretely informed Netanyahu of Mojtaba Khamenei’s approval for negotiations and that the Supreme Leader…
Prior 49.6 Manufacturing PMI 50.2 vs 49.5 expected Prior 50.1 Composite PMI 48.3 vs 49.3 expected Prior 49.9 It’s not a good look for France’s economy at the end of Q1 with…
The dollar has seen gains ease while US futures have swung back into positive territory now. The latest reported rumour comes from Al Arabiya, in citing their sources to say that incumbent…
This is scheduled to begin on 26 March, so the Japanese government is mainly offering confirmation on the total figure. As a reminder, Japan had already released about 15 days’ worth of…
The early moves today are a pullback to what we saw in trading yesterday. Oil prices are up and so are Treasury yields, which in turn are weighing on equities and precious…
A bit of an update, with Kpler’s intel source Amena Bakr reporting on the matter. She says that “a number of LPG vessels crossed the strait yesterday and headed towards India”. Adding…
