NHS

Struggling To Perform The NHS in Britain is one of the biggest public health care providers in the world and is both loved and reviled in equal measures. As the NHS is tax-funded, the performance of the service is largely tied to the performance of the UK economy and NHS funding has tended to broadly track the economic cycle of the UK, growing ...

2018-07-20 James Harte Read more
Australia

Downward Revisions To September Data The Australian October employment report was broadly disappointing.  The data showed that 9.k jobs were created over the month, however, there were downward revisions of 20k to September’s data. Despite the downshift, employment quality did improve over the month with full-time employment replacing part-time...

2016-11-17 James Harte Read more
UK PMI

During the upcoming European and US session today, many economic figures will be released and are expected to have a notable impact on the markets. In today’s article, we will focus on the Manufacturing PMI data; what it is, how it's read, what matters the most and how its possible impact on the markets can be understood. Definition Manufactu...

2016-11-01 Nour Eldeen Al-Hammoury Read more
Services PMI's_2102

What is Manufacturing PMI? It is called the Purchasing Managers Index, which is considered a leading indicator of the economic health of the manufacturing sector. It measures the level of a diffusion index based on purchasing managers in the manufacturing industry. How is it Calculated? It is calculated by a survey distributed to about 400 ...

2016-10-03 Nour Eldeen Al-Hammoury Read more
Cride oil hike

On Wednesday, UK's ONS (Office for National Statistics) release the latest job data, showing a decade low for the jobless rate at 5.1% - a figure unchanged since December. The wage growth though still remained subdued around the 2% handle. Excluding bonuses, the figure goes just over 2% beating by far the estimated drop to 1.8% from previous 1.9...

2016-02-19 Adrian Filip Read more
US Dollar

The Fed rate setting committee will get to see how well the US labour markets fared last month as the August payrolls report marks the final and perhaps very important piece of report when the Fed's FOMC members huddle on September 16th and 17th to decide the future course of action. In July FOMC meeting, the Fed members noted that due to lack o...

2015-09-07 John Benjamin Read more
Weekly Forex Forecast: 15 – 19 December

RBNZ Cuts OCR rate by 25bps to 3.25% The Reserve Bank of New Zealand, in its monthly monetary policy preview cut the benchmark interest rates by 25bps from 3.5% to 3.25%. The cut in interest rates was based on low inflationary pressures and continuation of a weaker demand in commodity prices. The rate cut was not entirely a surprise for th...

2015-06-15 John Benjamin Read more