Philly Fed September non-manufacturing index +8.0 vs +1.6 prior
There is no stall out here and even the dip in new orders leaves it at a healthy level.
Uneasy calm greets New York trading ahead of manufacturing and housing data
Moody's was just out with a note on US homebuilders, raising its outlook on the sector to neutral from negative. I get a kick out of how far behind the curve that ratings agencies constantly are.
The JPY is the strongest and the EUR is the weakest as NA traders enter for the day
As North American traders enter for the day the JPY is the strongest and the EUR is the weakest. However, take note that the different currencies are relatively bunched together. That is there is no clear winner in the race for the strongest and weakest. The market is unsure. The market is waiting for
UK PM Johnson: We have reached a perilous turning point on the coronavirus
- Schools, colleges, and universities will stay open
- This is by no means a return to the full lockdown in March
ForexLive European FX news wrap: Pound slips to two-month low, then rebounds
- GBP leads, EUR lags on the day
- European equities higher; E-minis up 0.2%
Ireland's Coveney: There is a growing sense that perhaps UK doesn't want a Brexit deal
Brexit talks reportedly going 'a bit better than expected', said to have 'window of opportunity'
"Was decided in June there would be informal talks before the 9th round (next week). EU source tells me that talks have been going a bit better than expected & there is a 'window of opportunity' (subject to the full application of WA)"
USD/JPY hangs on above 104.00 but sellers still keep near-term control for now
The pair looked almost set for a break under 104.00 yesterday before a bid came through near the figure level to .
Brexit: EU's Barnier reportedly heading to London for informal talks tomorrow
This, according to BBC political correspondent, Laura Kuenssberg:
"in other news... EU sources say Barnier coming to London for informal talks tomorrow, and here until Friday, and Gove heading to Brussels on 28th for Joint Committee talks"
Looks like they may try to wrestle a bit of
UK September CBI trends total orders -48 vs -40 expected
The slight setback here underscores that any recovery momentum among UK manufacturers remains tepid at best, and the situation may yet get worse once government stimulus starts to run its course ahead of the closing months of the year.