by Julian Benson | Jul 3, 2023
US personal spending edged up just 0.1% in May to economists’ surprise. Markets expected a 0.2% increase in May. The main contributors to the decrease were spending on motor vehicles, parts and gasoline products.
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by Julian Benson | Jul 3, 2023
In June 2023 the consumer price inflation rate in the Euro Area decreased to 5.5%, down from 6.1% in May. This was slightly below market expectations of 5.6%.
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by Julian Benson | Jul 3, 2023
Nationwide building society reported UK house prices grew slightly in June but annual prices fell at the fastest rate since 2009 as mortgage costs continue to take a toll on the market.
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by Charles Purdy | Jul 3, 2023
It’s been a wobbly time for sterling over the past few weeks against the euro. Looking at the GBP/EUR graph you can see sterling’s strength building over the spring but for the past three weeks it’s been bobbling up and down and essentially going nowhere. While no-one...
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by Charles Purdy | Jun 30, 2023
Another mixed day for the dollar, strengthening well against the euro and a little against the yen and yuan, but sliding against the pound and other dollars. This came against the backdrop of a stronger than expected US economy, with GDP at 2% rather than the expected...
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