by Julian Benson | Jul 6, 2023
After seesawing throughout the day yesterday, the pound ended Wednesday just slightly shy of the rate seen as European markets opened. Tomorrow, investors will be keeping an eye out for any influence that may nudge the pound either way following PMI and JOLTs data....
read more
by Julian Benson | Jul 5, 2023
At 3pm (UK time) economists will receive the US JOLTs Job Openings figures for May. This comes following an unexpected increase in job vacancies in April, when the rate soared to 10.1 million. Markets forecast the latest figure will come in around 9.9 million. For...
read more
by Julian Benson | Jul 5, 2023
In June, Spain’s unemployment rate fell to a 15-year low of 2.69 million. This was largely fuelled by the services industry, which gained 43,133 workers last month.
read more
by Julian Benson | Jul 5, 2023
The average rate for a five-year fixed mortgage now has an interest rate of more than 6% in the UK. This is the highest level since last November and underlines the pressure put on borrowers looking to buy a home or are nearing the end of existing deals. The average...
read more
by Julian Benson | Jul 5, 2023
The pound gained some strength against both the euro and the US dollar yesterday, despite US financial markets being closed for Independence Day celebrations. The pound gained close to 0.45% and 0.3%, against the euro and dollar, respectively. Investors reported...
read more
