New UK inflation rate data revealed an unexpected fall to 2.5%, creating some relief for Chancellor Rachel Reeves and clearing the path for a Bank of England interest rate cut. Tuesday also saw the end to USD’s run…
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After a week of rampant growth for the dollar, soft PPI data saw it lose ground to the euro. Inflation data due to be published this afternoon will reveal if soft numbers were start of a trend or…
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Buoyed by the continuing struggles of the UK government and weak PPI data out of the US, Tuesday was a good day for the euro, seeing it gain on both USD and GBP. However, Germany is expected to…
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Sterling remains cowed against the blows it’s received over the past week, though it’s found relief with lower-than-expected inflation data. If today’s German GDP figures and US inflation data are below expectations it would offer the pound a…
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New UK inflation rate data revealed an unexpected fall to 2.5%, creating some relief for Chancellor Rachel Reeves and clearing the path for a Bank of England interest rate cut. Tuesday also saw the end to USD’s run…
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EUR/USD remains firmly under pressure. In fact, the US dollar moved closer to parity with the euro yesterday as central bank policy drifts even further apart.
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Germany’s full-year GDP growth report on Wednesday represents an interesting chance to measure the scale of upheaval in Europe’s largest economy. The economy shrank by 0.3% in 2023. Could a better performance give the single currency a boost?
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The calm that descended on UK markets yesterday may well prove to be fleeting. With several high-impact economic releases this week, there is a real risk that the anxiety that marked last week makes an unwelcome return.
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