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FTSE Price Prediction: A Descent Likely As Perfect Storm Approaches

FTSE gives up most of its weekly gains and settles at the 7000 mark with a 0.8% decline Boris Johnson’s Cabinet reshuffle has put a slight damper on the markets …

Daily look

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GBP/USD Forecast: 1.3600 Level Holds, Upside Continuation

The GBP/USD pair is bullish as long as it stays above the 61.8% retracement level. Stabilizing above the median line (ML) could announce potential upside continuation. Only a new lower …

Financial

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Is Manufacturing In Recession?

Not as of August, incorporating latest capacity utilization and production data, I’m tempted to say no, even incorporating at face value the preliminary benchmark revision to employment.Figure 1: Manufacturing production (blue, …