The Euro traded in narrow ranges during the European session on Tuesday with resistance on approach to the 1.0600 area and little in the way of fresh Euro-zone developments as concerns surrounding the French Presidential election eased slightly.
Evens That is the bookies’ betting on PM Starmer being gone by the end of June following the UK Council Elections, which were even worse than had been expected for the Government. Whether that does indeed happen, equity prices are set for greater volatility, gilt yields, and therefore interest rates will likely remain at their […]
US Cost of Living If Americans can tear their eyes away from POTUS’ foreign policy sorties being played out around the world on almost a daily basis on their TV screens, they will be focusing on expressing themselves at the now only 6 months away US Mid Term elections. The factor uppermost in the voters’ minds will […]
Dire Straits A handy ready reckoner for the major straits of the world that see 70% of the global oil trade pass through them: Malacca, Bass, Singapore, Gibraltar, Magellan, Hormuz, Bering, and Bosphorus. It may not add much knowledge to those who have a good grasp of economic geography but it does serve to remind one following the […]