by Charles Purdy | Sep 26, 2023
Sterling made a bit of a recovery yesterday against the euro, by close to a quarter of a percent, though it lost a similar amount to the US dollar, reaching yet another six-month low. Indeed, it was the dollar’s day, powered upwards by hopes of an interest rate hike...
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by Julian Benson | Sep 25, 2023
The latest purchasing managers’ index flash survey from S&P Global showed a slight drop-in US business activity in September. The overall output index fell to 50.1 last month from 50.2 in August.
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by Julian Benson | Sep 25, 2023
Producer prices in Spain slid by a record 10% in August 2023, from a year ago, following an upwardly revised 8.6% drop in July. This marks the sixth consecutive month of producer decline.
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by Julian Benson | Sep 25, 2023
This week, the United Kingdom will publish the final estimate of second-quarter GDP growth, alongside current account, CBI distributive trades, the Bank of England’s monetary indicators and Nationwide house price...
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by Julian Benson | Sep 25, 2023
The pound-to-US-dollar rate touched its lowest point since March on Friday, as investors digested weaker-than-expected UK PMI data and the Bank of England’s latest policy decision. The euro also extended its losses to over a six-month low against the US dollar off the...
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