by Julian Benson | May 25, 2023
Yesterday the UK inflation rate fell to 8.7% in April, from 10.1% in March. This sharp drop is due to slowing energy prices, however food and drink price inflation remains above 19% – close to its 45-year high.
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by Julian Benson | May 25, 2023
This morning, the manufacturing climate indicator in France fell for a third consecutive month to 99 in May from 101 in April. This is the lowest level seen since March 2021.
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by Julian Benson | May 25, 2023
Yesterday, Wall Street opened in the red with no resolution in sight for the ongoing US debt-ceiling deal. The Dow Jones fell nearly 200 points and both the S&P 500 and Nasdaq were down 0.7%. For more on currencies and currency risk management strategies, please...
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by Julian Benson | May 24, 2023
New home sales in the US exceeded market expectations in April, jumping 4.1% month-over-month to a seasonally adjusted rate of 683,000. This is the highest level seen since March last year and exceeded economist expectations of 665,000. For more on currencies and...
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by Julian Benson | May 24, 2023
Yesterday markets heard the HCOB Eurozone Composite PMI fell to 53.3 in May from 54.1 in April. This represents the lowest reading in three months but a fifth consecutive month of expansion in private sector activity.
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