by Julian Benson | May 16, 2023
In the previous data release, US retail sales fell, over half a per cent month-over-month, marking the second consecutive month of decline. Today, markets expect the figures to make a complete U-turn, with a predicted rise of 0.7%. If America’s retail sales figures...
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by Julian Benson | May 16, 2023
President of the European Central Bank (ECB), Christine Lagarde, will deliver two speeches before the end of the week. Euro watchers will be listening closely to her speech on Friday, titled ‘Post-pandemic challenges: high inflation, high indebtedness and financial...
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by Julian Benson | May 16, 2023
Bank of England governor, Andrew Bailey, is due to deliver a speech at the British Chambers of Commerce Global Annual Conference in London tomorrow. The speech comes after the BoE made its twelfth consecutive interest rate increase last week — by 25bps to 4.5%. Many...
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by Julian Benson | May 16, 2023
Economists have lots of fresh labour market data to absorb this morning. Markets have just seen the latest unemployment data for the UK. The rate rose slightly, by 0.1 percentage point in March, to 3.9 per cent, surpassing market expectations of a 3.8 per cent rise....
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by Christopher Nye | May 15, 2023
The US dollar enters the week stronger against the pound by just over half a percent. Against the euro, it is a similar story as with the greenback boasting gains of around 1.62%, compared to this time last Monday. This comes after a flurry of economic data last week...
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