Retail sales rise less than expected in February

Retail sales rose less than expected in February and saw downward revisions for January amid fears the US economy may be growing slower than Wall Street initially thought to start 2025. Headline retail sales rose 0.2% in February, less than the 0.6% increase...

UK Axes Regulators, Targets Welfare in Economic Growth Drive

The UK government will abolish more business regulators and scale back welfare spending in a bid to kick-start its stagnant economy. Chancellor of the Exchequer Rachel Reeves is summoning eight of the UK’s main regulators, including the Financial Conduct Authority, to...

Weekly Warm-up: Is the Correction Over?

With the S&P trading at the low end of our 1H range, a tradable rally is likely. Sentiment/positioning are lighter, seasonality is improving, and the DXY/10Y yield are down 6%/50bps over the last 2 months. This doesn’t mean growth risks are extinguished....