by Christopher Nye | Jan 17, 2023
The key release on everyone’s radar will be eurozone’s annual inflation rate tomorrow. The rate is expected to fall to 9.2% (in line with preliminary estimates). Also this week the European Central Bank’s president Christine Lagarde will give two speeches on inflation...
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by Christopher Nye | Jan 17, 2023
Yesterday was a quiet day for UK data releases however tomorrow’s claimant count change will be one to watch as it will give markets an insight into the number of people claiming unemployment related benefits. In the previous data, the Office for National Statistics...
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by Christopher Nye | Jan 17, 2023
Despite being up on the dollar yesterday, economists reported that sterling is still underperforming against the greenback compared to its December high. This is thought to be a result of looming recession fears and the warnings of continued belt-tightening from Hunt...
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by Charles Purdy | Jan 16, 2023
Sterling starts the week down among the weeds against the euro, close to its lowest for two years. This comes despite the better-than-expected GDP result for November on Friday, which revealed that the UK may not have been in recession in 2022 after all. That sort of...
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by Christopher Nye | Jan 16, 2023
The dollar enters the week on a shaky footing, having lost its weekly gains against both sterling and the euro. It also weakened across the board, with the dollar index hitting its lowest levels in over seven months this morning. US dollar had its most pronounced...
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