by Charles Purdy | Jun 9, 2023
Sterling has remained strong this week, certainly relative to the first few months of 2023, against both the euro and US dollar. Bad economic news broke out all over the Western world this week, with the eurozone in recession, American unemployment rising and British...
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by Christopher Nye | Jun 8, 2023
The latest initial jobless claims are scheduled to be released at lunchtime today. In the previous release, it was revealed that the number of Americans who filed for unemployment benefits rose by 2,000 from the week before to 232,000. This pointed to the highest...
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by Christopher Nye | Jun 8, 2023
The remainder of the week is pretty quiet on the eurozone data front however, next week the big event on everyone’s radar will be the European Central Bank’s interest rate decision.
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by Christopher Nye | Jun 8, 2023
Sterling maintains its strength as the week draws to a close, remaining unchanged against the euro compared to this time last week, and with fresh weekly gains of around nearly 0.4% against the US dollar.
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by Christopher Nye | Jun 8, 2023
After a somewhat busier day on the data front yesterday, investors will have little to digest over the course of today and tomorrow as very few economic releases are scheduled in. Things pick back up next week with a mix of employment data from the UK, plus inflation...
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