by Julian Benson | May 31, 2023
Yesterday the British Retail Consortium reported UK food inflation eased from 15.7% in April to 15.4% in May. This raises suspicions that the soaring price of groceries may have peaked in April. 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 | May 31, 2023
Yesterday, the pound surged to a six-month high against the euro. The GBP/EUR jump is believed to be fuelled by a better-looking pound and uninspired consumer confidence data from the US, which seems to have rocked the boat. The pound also gained close to 0.6% against...
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by Christopher Nye | May 30, 2023
The previous Job Openings and Labor Turnover Survey (JOLTs) data revealed the number of job openings in the United States dropped to its lowest level in over twenty-four months in March. The numbers fell by 384,000, to 9.6 million and for economists, this indicated...
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by Christopher Nye | May 30, 2023
Euro watchers will be looking out for the latest eurozone consumer price inflation rate (flash) this Thursday. The previous data revealed the Euro Area’s inflation was confirmed at 7.0 per cent, which was slightly higher than the last month’s 13-month...
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by Christopher Nye | May 30, 2023
Markets can expect mortgage lending and approvals data from the Bank of England on Thursday. In March, lending figures revealed that borrowing for mortgages in the United Kingdom declined while net mortgage approvals for house purchases in...
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