by Julian Benson | Feb 22, 2023
Yesterday morning the pound was boosted following a positive reading from UK Services PMI which signalled an increase in business optimism. The Services PMI rose to 53.3 in February, above expectations of 51 and up from 48.7 in January. The pound gained 0.88% against...
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by Christopher Nye | Feb 21, 2023
It is a similar story for the United States who will be releasing their latest personal income and personal spending data on Friday. In the previous data, personal income in the US climbed a gentle 0.2% (in December 2022) following a downwardly revised 0.3% increase...
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by Christopher Nye | Feb 21, 2023
Over the coming days market-watchers will look to Germany for several important data releases that will give investors clues on the economic health of the world’s fourth-largest economy. This includes the Ifo business climate and Germany’s latest year-on-year and...
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by Christopher Nye | Feb 21, 2023
It is a calm week for economic data releases in the UK, however market participants will still be watching closely for key releases across the pond and overseas that may impact sterling’s competitors. Sterling-watchers will also be paying attention to the latest CBI’s...
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by Christopher Nye | Feb 21, 2023
The pound weakened against a few of its rivals on Monday, including the US dollar and canadian dollar. Investors will be looking out for the latest inflation and retail sales figures from Canada, which are scheduled to be released this afternoon, to see if the data...
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