by Jonathan Cook | Mar 13, 2024
It’s been a long period of rapidly rising wages, but it finally seems the tide is turning. Average weekly earnings including bonuses slowed to 5.8% in the three months to January, the slowest growth since July 2022. Coupled with this morning’s GDP release, the Bank of...
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by Jonathan Cook | Mar 13, 2024
As one of the countries most exposed to Russian energy supplies, Germany is certainly ready to put the struggles of the last few years behind it. Well, there was good news in data released yesterday, which showed energy prices had fallen despite the expiration of the...
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by Jonathan Cook | Mar 13, 2024
The Federal Reserve have shifted their tone in recent weeks, warning markets that inflation was proving more of a pest than expected. Now, with core inflation sticky and CPI stalling above 3%, it seems markets are finally waking up to this reality. EUR/USD: the past...
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by Jonathan Cook | Mar 13, 2024
The UK economy returned to growth in January as GDP increased by 0.2%. The UK recorded a technical recession in the final quarter of 2023, so this morning’s figures point to that contraction being unusually short and shallow. Economic output was boosted by the...
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by Jonathan Cook | Mar 12, 2024
Hollywood was gripped with Oscars fever on Sunday night, with Oppenheimer sweeping a host of awards. The dark tale of the history of the first nuclear weapon provided the backdrop for Joe Biden’s next budget to Congress, which again is expected to draw scrutiny from...
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