by Julian Benson | Dec 7, 2023
Yesterday, all three major US stocks, the Nasdaq, S&P 500 and the Dow Jones pared gains to flatline as energy shares dropped as oil prices slipped by 3% following concerns surrounding supply. For more on currencies and currency risk management strategies, please...
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by Julian Benson | Dec 7, 2023
Tomorrow morning, (7am UK time) German inflation figures will be released. Economists forecast the annual rate to fall from 3.8% to 3.2%, while the monthly rate is expected to lose 0.4%. Should Germany’s consumer price inflation drop to 3.2%, it will be the lowest...
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by Julian Benson | Dec 7, 2023
Kim Kinnard, director at Halifax Mortgages said, “The resilience seen in house prices during 2023 continues to be underpinned by a shortage of properties available, rather than any significant strengthening of buyer demand.” GBP/USD: the past year 1 Min 5 Min 1 Hr 1...
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by Julian Benson | Dec 7, 2023
The Halifax house price index rose by 0.5% in November, slightly missing expectations of a 0.8% rise, following a growth of 1.1% in October. This marks the second consecutive month of rising prices due to a shortage of homes to match the demand. There was little...
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by Charles Purdy | Dec 6, 2023
Following its steep climb last week, sterling has taken off again this morning against the euro, albeit in a much less dramatic fashion. The prompt has probably been the Purchasing Managers’ Index (PMI) yesterday, which was upgraded to 50.9 for services – denoting...
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