by Julian Benson | Aug 14, 2023
Germany’s wholesale prices dropped 2.8% from a year earlier in July. This marks the fourth consecutive month of decline, after a 2.9% fall in June. The driving force for this decline came from petroleum products which fell...
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by Julian Benson | Aug 14, 2023
The UK unemployment rate for June is expected to remain unchanged from May’s 4.0%, but should it rise, the pound could soften.
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by Julian Benson | Aug 14, 2023
The pound has recovered some strength against the euro this morning following losses at the tail end of last week. The rate is currently slightly ahead of where it began last Monday. Against the US dollar, sterling is down 0.41% since last Monday. Economists believe...
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by Charles Purdy | Aug 14, 2023
Sterling has been strengthening this morning and starts the week slightly ahead of where it began last week against the euro. Over the month, the pound remains some 3% down against the US dollar but only a fraction down on the euro. It’s been an interesting...
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by Charles Purdy | Aug 11, 2023
The dollar strengthened by around 0.5% across the board yesterday, with inflation taking the headlines. While CPI inflation is at 3.2%, accelerating from June’s 3%, core inflation fell to 4.7%. Moderating underlying price pressures are positive signs, and included a...
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