by Christopher Nye | Feb 28, 2023
Germany’s annual inflation rate was confirmed at 8.7% in January, higher than a downwardly revised 8.1% in December. This was largely pushed by a rise in energy prices. Tomorrow, market-watchers look to Germany again, as the preliminary estimates for the country’s...
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by Christopher Nye | Feb 28, 2023
Key releases for the first half of this week have been dominated by various sectors of Britain’s housing market. In addition to mortgage lending and BoE consumer credit data, mortgage approvals and Nationwide housing prices data will be released tomorrow. The annual...
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by Christopher Nye | Feb 28, 2023
On Monday UK and EU leaders met to discuss Brexit protocol, which resulted in an ‘extraordinary’ deal on the Northern Ireland protocol. In Rishi Sunak’s words, the deal “ delivers smooth-flowing trade within the whole United Kingdom, protects Northern Ireland’s place...
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by Christopher Nye | Feb 27, 2023
The US dollar begins this week on a stronger weekly footing against the pound, euro and a handful of rival currencies. The dollar index (DXY) rose to a seven-week high of above 105, after the latest data showed the Fed’s preferred gauge to measure inflation grew more...
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by Christopher Nye | Feb 27, 2023
The euro is weaker against the pound and US dollar compared to last Monday. A detailed record of the European Central Bank governing board’s most recent meeting will be released on Thursday. This will provide markets with insight into the economic conditions...
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