by Jonathan Cook | Mar 6, 2024
As a services-heavy economy, it was a blow to the UK to have its final read for the S&P Global PMI survey revised down. Looking at the bigger picture though, sentiment has improved to its highest level in two years, while the index is still perched far higher than...
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by Jonathan Cook | Mar 6, 2024
Budget Day Eve saw gains of around half a cent for the pound against the euro and the US dollar. EUR/USD picked up by around 0.25% but it was a largely sleepy day for that currency pairing. After all the talk, Jeremy Hunt will step out from No. 11 Downing Street this...
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by Julian Benson | Mar 5, 2024
Bright and early tomorrow morning, investors will receive the latest figures for Germany’s trade surplus in January 2024. Markets forecast a reading of €23.6bn from €22.4bn in December 2023.
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by Julian Benson | Mar 5, 2024
On Friday this week, Federal Reserve chairman Jerome Powell is expected to remain hawkish. In his testimony, Powell may provide fresh insights on the timing of rate cuts.
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by Julian Benson | Mar 5, 2024
Record UK house prices and higher mortgage rates have driven first-time buyers into taking out loans over a longer period. Trading body UK Finance reported one in five first-time buyers in 2023 took out a mortgage of at least 35 years, compared to fewer than one in 10...
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