by Charles Purdy | Mar 10, 2023
Sterling recovered strongly over the course of yesterday, gaining around 0.75% against the US, Canadian and Australian dollars and half of that against the euro. That has been boosted further this morning by news that the economy grew by 0.3% between December and...
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by Christopher Nye | Mar 9, 2023
The department of Labor will release its initial jobless claims data at 1:30pm UK time. The data will provide clues on how many Americans filed for unemployment insurance for the first time over the past week. Initial jobless claims will be a key release for many...
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by Christopher Nye | Mar 9, 2023
Like the UK, the eurozone will also be quiet on the data front today. The momentum resumes on Friday with Spanish retail sales, Italy’s PPI and a speech from the president of the European central bank, Christine Lagarde. In its last meeting, hawkish ECB...
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by Christopher Nye | Mar 9, 2023
On Friday, the Office for National Statistics (ONS) will release the latest monthly and yearly GDP figures, which will give markets an idea of the change in the total value of all goods and services produced by the UK’s economy. The previous figures fell by 0.5%...
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by Christopher Nye | Mar 9, 2023
Sterling made brief gains against the US dollar this morning, however the pound still hovers close to its weakest levels since November last year against the greenback as investors continue to rush to the US dollar following recent hawkish remarks from the Fed chair,...
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