by Julian Benson | Feb 15, 2023
After briefly crossing into negative territory, US stock index futures ended slightly higher yesterday following a 0.5% rise in inflation since January. This result was in line with market expectations and resulted in annual inflation slowing to 6.4%. The NFIB Small...
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by Christopher Nye | Feb 14, 2023
Dollar-watchers will be watching closely for the latest inflation data today. Markets predict that the annual rate in the US is likely to slow, marking a seventh consecutive month of falling. If it does, this will also point to the lowest reading since October 2021....
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by Christopher Nye | Feb 14, 2023
On Monday, the euro hovered close to the nine-month high touched last week. The single currency was kept afloat by Hawkish noises from the ECB, particularly the bank’s Joachim Nagel who called for further tightening in the spring to bring inflation back to the 2%...
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by Christopher Nye | Feb 14, 2023
Sterling remained close to its weakest levels since January 6th yesterday as investors digested last Friday’s GDP data. Although Britain’s economy narrowly avoided recession during the last quarter of 2022, the monthly figures revealed, a larger contraction (...
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by Christopher Nye | Feb 14, 2023
We’ve just seen the latest employment change data for the UK this morning. It has revealed that the number of people in work grew by 74,000 in the three months to December 2022, which was well-above market expectations of a 40,000 rise. According to senior Bank...
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