by Julian Benson | May 31, 2023
Yesterday, the pound surged to a six-month high against the euro. The GBP/EUR jump is believed to be fuelled by a better-looking pound and uninspired consumer confidence data from the US, which seems to have rocked the boat. The pound also gained close to 0.6% against...
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by Christopher Nye | May 30, 2023
The previous Job Openings and Labor Turnover Survey (JOLTs) data revealed the number of job openings in the United States dropped to its lowest level in over twenty-four months in March. The numbers fell by 384,000, to 9.6 million and for economists, this indicated...
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by Christopher Nye | May 30, 2023
Euro watchers will be looking out for the latest eurozone consumer price inflation rate (flash) this Thursday. The previous data revealed the Euro Area’s inflation was confirmed at 7.0 per cent, which was slightly higher than the last month’s 13-month...
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by Christopher Nye | May 30, 2023
Markets can expect mortgage lending and approvals data from the Bank of England on Thursday. In March, lending figures revealed that borrowing for mortgages in the United Kingdom declined while net mortgage approvals for house purchases in...
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by Christopher Nye | May 30, 2023
Sterling enters the last week of the month stronger against the euro with monthly gains of over two per cent . Against the US dollar, it’s a different story — the pound is weaker all round with nearly two per cent lost against the US dollar. This is down to a mixed...
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