by Christopher Nye | Apr 4, 2023
We’ve just seen Spain’s unemployment change rate soar to 48,800 this morning, nearly double forecasts of 25,500. The rate is also much higher than the 2,620 recorded for February. Tomorrow, markets will see the latest PMI data for Spain, Italy, Germany and...
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by Christopher Nye | Apr 4, 2023
The pound enters today with fresh gains of around 0.45% against the euro after having made gains of around 0.12% against the single currency by the end on Monday. Against the dollar, sterling is also stronger by approximately 1.19%. The pound is also stronger against...
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by Christopher Nye | Apr 4, 2023
Oil prices surged following the Organization of the Petroleum Exporting Countries (Opec+)’s announcement of cuts to its production yesterday. The news, which rippled throughout UK and European stock markets helped to boost equities in both regions. Stocks in London...
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by Christopher Nye | Apr 3, 2023
The UK will see a lack of data on Friday due to the upcoming bank holiday however, there will be lots of economic releases from the US. Nonfarms data, a vital release for markets, will be one. The previous data showed that the US economy unexpectedly created 311,000...
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by Christopher Nye | Apr 3, 2023
Over the course of Wednesday, eurozone markets will see the release of PMI data from several countries. Spain, Italy, France and Germany will all be released as well as Eurozone PMI. The Euro Area final services PMI is forecast to rise to 55.6 following a reading of...
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