by Christopher Nye | Feb 23, 2023
The preliminary quarter-on quarter GDP figures for the US will be released at 1:30pm UK time today. Investors will be watching closely as the data will provide the broadest measure of economic activity in the US as well as a primary gauge of the economy’s...
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by Christopher Nye | Feb 23, 2023
Markets saw the latest business climate reading from Germany’s Ifo institute yesterday. The monthly release from the institute gives investors clues into the level of a composite index based on surveyed manufacturers, builders, wholesalers, services, and retailers....
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by Christopher Nye | Feb 23, 2023
Sterling maintains this week’s euro gains following better-than-expected PMI data on Monday and investors will be keen to see if this morning’s speech from MPC member Catherine Mann will move the pound. Mann’s speech is titled, “The results of rising...
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by Christopher Nye | Feb 23, 2023
Today is an interesting day for market-watchers as G20 members will meet to discuss several challenges to global economic growth. This will also include members from G7 nations the UK, Canada, the US, Italy, France, Germany and Japan. Additionally, we will hear two...
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by Charles Purdy | Feb 22, 2023
The currency markets responded positively to two surprise data releases in the UK economy yesterday. The first was a ‘flash’ reading of Services PMI, which boosted sterling by almost 1% in the space of two hours. More impressively, sterling held onto those gains...
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