This morning, fresh Office for National Statistics data revealed that the British economy stagnated for the second consecutive month in July, missing market forecasts of 0.2% growth. These figures will come as a blow to chancellor Rachel Reeves…
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The US dollar made marginal gains yesterday against rival currencies, the pound and euro, adding just under half a per cent to its Monday gains.
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There is little on the economic docket in the US today, however, this afternoon’s presidential debate will attract attention. Tomorrow afternoon, US inflation and core inflation figures are expected for August. Markets currently forecast the annual rate to…
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Tomorrow morning, the latest stats on the performance of the British economy are expected from the Office for National Statistics. Current forecasts expect the economy to have grown by 0.2% in July from June 2024, following a period…
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With few high-impact economic releases to look forward to early this week, euro investors brace themselves for the latest interest rate decision from the European Central Bank on Thursday. Markets forecast the rate to fall from August’s 4.25%…
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The pound continued its very slow drift lower against the US dollar and euro on Friday. The causes are so complicated – based around the US economy and interest rates – and the drop so minor that it’s…
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Wednesday’s inflation figures could be key in determining the speed of the Federal Reserve’s interest rate loosening. The headline figure is expected to fall from 2.9% to 2.7%, but a miss either way could send ripples through to…
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August’s committee minutes from the European Central Bank set the stage for a cut of 0.25% this week. The euro has performed well against the US dollar in particular to start the month. That platform could now be…
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