The consumer price index (CPI) fell yesterday to 7.1% in November. This is lower than expectations of 7.3% and reflects the lowest rate markets have seen since December 2021.
Read more
›
The euro profited from a lower US dollar yesterday, trading at its strongest rate since mid-June this year. The European Central Bank is expected to deliver an interest rate hike to 2.5% on Thursday.
Read more
›
This morning UK markets heard Inflation came in below market forecasts at 10.7% in November, from 11.1% in October – the highest reading in 41 years.
Read more
›
This morning the UK’s annual inflation rate came in at 10.7%, a drop from 11.1% recorded in the year to October. It is slightly below the level predicted and this could have an influence on the Bank of…
Read more
›
Yesterday the New York Federal Reserve released its surveyed results on inflation. The results are overall positive but still elevated.
Read more
›
As well as the ECB’s interest rate decision this week, eurozone markets will also find out the latest S&P Global/BME Germany Manufacturing PMI this week.
Read more
›
This Thursday the pound will navigate a variety of key data releases including this month’s GfK Consumer Confidence.
Read more
›
The big data news today comes from unemployment which edged higher to 3.7% in the three months to October, from 3.6% in the previous period.
Read more
›
