GBP: Eyes on GDP

Sterling investors will be keeping an eye out for the release of UK GDP figures for quarter four of 2023, which could confirm a technical recession in the latter part of last year.


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BoE’s Bailey reports signs of growth

The markets were relatively quiet yesterday due to a lack of influential data releases, however, the pound held steady, making marginal gains against the euro and US dollar. Addressing students of Loughborough University yesterday, governor Andrew Bailey said the Bank...


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Stakes high for sterling in hectic week

The pound was stable to end last week but sterling will have to run the gauntlet of UK economic releases this time around. GBP/EUR continues to trend towards its highest level in over a year. Aside from some day-to-day fluctuations, sterling moved only modestly...


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USD: While we’re talking about memories…

Joe Biden came in for criticism from the Department of Justice last week for his alleged diminished memory. Whether that’s true of not, the President and his aides will hope the American electorate will recall the performance of the economy at the ballot box. This...


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EUR: Over to EU

German inflation fell to 3.1% year-on-year in January, after a brief resurgence in December. It will be the eurozone as a whole in the spotlight this week with the release of Q4 GDP statistics and another chance to read the temperature of the German economy with the...


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