The EURGBP Nears 24-Week Low After Four Consecutive Days Of Losses

Over the past seven weeks, the EURGBP currency pair has experienced six weeks of losses, primarily driven by resilient U.K. economic data contrasting with the slumping Euro Area economic data.  …

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Weak Chinese Economic Data Drags The FTSE100 Lower

The FTSE100 (LSE: UKX) is on track to close a second consecutive week lower, with a 1.85% week-to-date loss in the frame. The commodity-linked stocks dragged the index lower as…

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WTI Crude Oil Futures Pressured Lower By Weak Chinese Economic Data

WTI Crude Oil Futures (NYMEX: CL) let loose a staggering 5.85% week-to-date as traders promptly sold off following weakness in China’s manufacturing and services PMI data. China’s post-lockdown economic recovery…

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