by Julian Benson | Sep 11, 2023
Wednesday will bring US inflation figures for August. The year-on-year rate is expected to rise from 3.2% in July to 3.4% and the month-on-month rate is expected to increase 0.2%, matching July’s monthly increase.
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by Julian Benson | Sep 11, 2023
Ahead of the all-important ECB decision, European shares entered positive territory this morning, as markets prepare for a crucial week. The Bank is expected to leave rates unchanged at 4.25% on Thursday. Despite rumours that another rate hike is needed to tame high...
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by Julian Benson | Sep 11, 2023
After the UK unemployment rate increased to 4.2% in the three months to June 2023, the highest level since late-2021. Tomorrow, the figures for July will be revealed and markets predict the rate will remain at 4.2%.
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by Julian Benson | Sep 11, 2023
After a rocky start to September, the US dollar gained almost 1% against the pound and 0.6% against the euro last week as traders became increasingly convinced that the Federal Reserve will keep interest rates higher for longer. The FAO World Food Price Index declined...
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by Charles Purdy | Sep 11, 2023
The pound has pulled back a little against the US dollar, gaining close to 0.5% this morning. However, this does have something of the dead cat bounce about it, coming as it does after roughly a 5% fall from its height in mid-summer. GBP/USD’s drop has been a...
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