by Julian Benson | Aug 16, 2023
Danish brewer, Carlsberg, raised its expected profit growth to be between 4% and 7% this year after a “solid business performance” in the first half of 2023. The company revealed volumes grew 0.8% organically between January and June, while sales grew 11%. It is due...
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by Julian Benson | Aug 16, 2023
UK inflation has dropped to the lowest level since February 2022, following cuts in energy price caps, however, London think tank, the IPPR, fears the UK faces a “high” risk of recession. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Aug 16, 2023
The UK inflation rate fell to 6.8% in July, from 7.9% in June and matching market expectations as energy prices eased. The core rate remained at 6.9% and consumer prices fell by 0.4%, the first decline since January. The pound made gains of 0.3% against both the euro...
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by Charles Purdy | Aug 16, 2023
The long-awaited inflation data has left the currency markets in a bit of a quandary. The headline rate has fallen from 7.9% in June to 6.8% in July. Good news! However, economists also look at the ‘core’ inflation rate, excluding more volatile food and...
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by Charles Purdy | Aug 15, 2023
It was a positive day all round for the dollar, strengthening by 0.5% against the euro and the yen. Against the pound there were strong gains at midday which dissipated in the afternoon session. This afternoon we’ll hear Retail Sales, which are expected to have risen...
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