by Julian Benson | Aug 28, 2024
Yesterday morning, UK prime minister, Sir Keir Starmer warned that Labour’s first autumn Budget will be “painful” as he addressed the nation from 10 Downing Street in his first keynote speech. Chancellor, Rachel Reeves already hinted that her autumn statement will...
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by Julian Benson | Aug 28, 2024
The composite manufacturing index in the US Fifth District fell to -19 in August from -17 in July. This decline represents the sharpest in factory activity since the pandemic-influenced crash in May 2020. This marks the tenth consecutive contraction for the industry...
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by Julian Benson | Aug 28, 2024
This morning, we heard that the French consumer confidence indicator increased to 92 points in August from 91 in July. This reading outperformed market forecasts of 91. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Aug 28, 2024
The Confederation of British Industry (CBI) revealed that the monthly retail sales balance increased to -27 in August from -43 in July but missed market expectations of -11. This reflects the second-weakest monthly performance since April and the third consecutive...
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by Julian Benson | Aug 28, 2024
The pound remained strong against major rivals yesterday, adding around a third of a per cent against the US dollar and euro, taking the GBP/USD rate to fresh two-year highs. This morning, however, the pound-to-US-dollar rate has started to slide. To lock in...
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