The euro has fallen out of bed. Apart from what has already been posted there is no obvious smoking gun. Chinese PMIs dropped, indicative of […]
PBOC sets USD/ CNY central rate at 7.2014 (vs. estimate at 7.2670)
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). […]
FT reports Trump’s top economic adviser Miran ‘out of his depth’ in hedge fund Q&A
The Financial Times with the report on Trump’s top economic adviser Stephen Miran addressing investors last Friday. . FT is gated, but in brief: Some […]
UK April business sentiment fell to its lowest level in three months
UK Lloyds Business Barometer for April 2025 comes in at a three month low of 39% prior 49%long-run average is 29%gauge of economic optimism fell […]