by Julian Benson | May 17, 2023
Yesterday the NAHB/Fargo housing market index in the US rose to 50 points in May, from 45 in April. This marks the fifth consecutive month of growth despite continued challenges faced by builders due to a shortage of building materials. For more on currencies and...
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by Julian Benson | May 17, 2023
Later today, markets will receive the final April inflation rate for the euro area, which has the potential to move markets. However, the rate is only expected to fall to 6.9% from 7.0% last month.
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by Julian Benson | May 17, 2023
Provisional data from the Office for National Statistics revealed the number of workers on UK employers’ payrolls dropped for the first time in two years last month. Figures showed a fall of 136,000 employees between March and...
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by Julian Benson | May 17, 2023
It was a quiet day for the currency markets yesterday despite a flurry of economic data following the UK’s unemployment rate, which slightly increased by 0.1% in April on Tuesday. Germany’s economic sentiment fell to its lowest level in five months, with the sentiment...
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by Charles Purdy | May 17, 2023
Sterling had looked to be on an upward trajectory over the past month, on Monday coming close to its strongest level, again, since the start of the year. However over the past 24 hours or so it has drifted against the euro and US dollar. As pointed out by a number of...
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