Daily Market Commentary 2nd June 2023
EU inflation followed French and German numbers, lower. EU inflation fell from 7% to 6.1%, with core inflation easing back to 5.3%. This is good
EU inflation followed French and German numbers, lower. EU inflation fell from 7% to 6.1%, with core inflation easing back to 5.3%. This is good
European inflation is tumbling lower, with French and German numbers crashing back to earth. German CPI has fallen from 7.6% to 6.3%, easing concerns in
A slow start to a shortened trading week, in some parts of Europe and the USA, following the long Memorial Day weekend in the States.
Markets in the US were closed for the long Memorial Day weekend, so trading was very quiet. As expected, the US debt ceiling negotiations were
Markets sentiment surged on Friday’s close, in New York, as reports of a deal on the Debt Ceiling Negotiations, was at hand. This was always
Reports of progress on the US Debt Ceiling Negotiations (DCN), boosted market sentiment and equities reversed into positive territory. The news that both sides were
Market sentiment continues to tumble, as Debt Ceiling Negotiations (DCN) in the US, stumble. There has been no real progress made, with the Republicans determined
Markets are being dominated by the ongoing debt ceiling negotiations in the US. The negotiations are apparently progressing well, but so far, no compromise has
The G7 meeting in Japan over the weekend had little to no impact on markets, as expected, but provided a place under ‘the rising sun’
European and US markets were sailing towards a strong close, following a week of strong gains, until the ‘Debt Ceiling Negotiations’ hit a rock and
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