Yesterday markets heard HMRC payrolls change rose by 28,000 employees, or 0.1% to a record 29.9m in December 2022. It is believed this rise in employed individuals was boosted by the health and social work sector.
Read more
›
At 11am this morning, the annual inflation rate for the euro area 2022 is expected to fall to 9.2% in December, from 10.1% in November. Energy prices rose at a much slower rate (25.7 vs 34.9) despite costs…
Read more
›
Yesterday US economists heard the NY Empire State manufacturing index sank to -32.9 in January 2023, from -11.2 in December last year. This reading pointed to the fifth worst contraction in business activity ever recorded in New York…
Read more
›
There are several key data releases scheduled in over the course of this week that could swing the dollar back into play with its rivals. The next big release to watch after tomorrow’s PPI and retail sales will…
Read more
›
The key release on everyone’s radar will be eurozone’s annual inflation rate tomorrow. The rate is expected to fall to 9.2% (in line with preliminary estimates).
Read more
›
Yesterday was a quiet day for UK data releases however tomorrow’s claimant count change will be one to watch as it will give markets an insight into the number of people claiming unemployment related benefits.
Read more
›
Despite being up on the dollar yesterday, economists reported that sterling is still underperforming against the greenback compared to its December high. This is thought to be a result of looming recession fears and the warnings of continued…
Read more
›
Sterling starts the week down among the weeds against the euro, close to its lowest for two years. This comes despite the better-than-expected GDP result for November on Friday, which revealed that the UK may not have been…
Read more
›
