Dow Muted in Early Trading, while Nasdaq 100 Returns to Recent Highs and Nikkei 225 Makes Progress
Stubborn inflation and a robust labour market are likely to add to concerns FOMC members are having around cutting interest rates prematurely. Even growth is on track for a recovery
The UK job market has eased, unlike what we’ve seen in the US after last week’s NFP surprise. UK growth remains constrained but that has not impeded sterling gains
French President Emmanuel Macron called a snap election after his party suffered a heavy defeat to the far-right National Party at this weekend’s European elections.
Months of restrictive monetary policy have had little effect on the labour market but recent jobs data suggests we may be approaching a steady decline