by Julian Benson | Dec 1, 2022
The GBP/USD rate strengthened over the course of the month, putting today’s rate approximately 15% higher than its September low. Questions remain over the state of the US economy. Yesterday, the US GDP growth rate was revised to 2.9%, revealing a better outcome than...
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by Christopher Nye | Nov 30, 2022
Today the US Dollar braces itself for various key data releases, including US Q3 GDP data which is due at 2:30pm UK time. Later this week markets will see the numbers from America’s official employment report. Non-farm payrolls are expected to rise by 200...
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by Christopher Nye | Nov 30, 2022
Alongside the eurozone inflation, Italy’s latest inflation rate will be released today just before lunch. The country’s inflation is predicted to edge down slightly from 11.8% in October to 11.5%. This follows October’s rate soaring to the highest in...
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by Christopher Nye | Nov 30, 2022
Britain’s car and van market is expected to boost the economy by £14bn next year as supply chain shortages ease. The Society of Motor Manufacturers and Traders say that manufacturers are expecting production lines to produce 984,000 vehicles, pointing to a...
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by Christopher Nye | Nov 30, 2022
The UK government and French-owned energy suppliers, EDF, are set to take a 50-50 equity split for the Sizewell C nuclear plant in Suffolk. The UK government will pay £100m to buy the Chinese-owned company out of their shares. This follows the chancellor’s recent plan...
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