by Julian Benson | Jan 4, 2023
There was volatility on the US stock market as The Dow lost an almost 200-point gain and crossed into negative territory. Economists believe this may have been buoyed by dip-buying strategies and gloomy prospect of a recession. In corporate America, Tesla fell almost...
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by Julian Benson | Jan 4, 2023
The German inflation rate fell from 10% in November to 8.6% in December 2022. This rate was below market forecasts of 9.1% and reflects the lowest rate Germany has seen since August last year when the government’s initiative to lower household natural gas bills came...
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by Julian Benson | Jan 4, 2023
As market doors opened yesterday, the pound made marginal losses against the US dollar but quickly regained its strength throughout the course of the day. Today, we will hear BoE consumer credit and mortgage lending figures for December which could impact the pound’s...
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by Julian Benson | Jan 4, 2023
The pound and euro lost sharply against the US dollar at the start of trading yesterday but have recovered those losses this morning. Rail strikes continued to wreak havoc on Tuesday morning. While issues remain to be sorted, Downing Street expressed optimism that a...
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by Christopher Nye | Jan 3, 2023
The eurozone’s services PMI which tracks variables such as sales, employment, inventories and prices is expected to rise to in Wednesday’s release, in line with preliminary estimates. The final PMI data is expected to reveal that in December, the S&P...
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