by Christopher Nye | Nov 19, 2025
The widely expected fall in inflation to 3.6% announced this morning provoked some downward movement for sterling but it appears to have quickly corrected itself. The Office for National Statistics (ONS) said that the decline was driven mainly by gas and electricity...
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by Jonathan Cook | Nov 18, 2025
The US dollar is bracing for the first job market data in almost two months. Thursday’s delayed non-farm payrolls for September will be a crucial yardstick for the Fed, whose governors struck a hawkish tone on rates last week. Traders have adjusted the odds for a cut...
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by Jonathan Cook | Nov 18, 2025
Updated growth forecasts from the European Commission expect eurozone GDP to reach 1.3% in 2025, an upgrade from the previous 0.9% estimate. At the same time, it lowered its 2026 forecast to 1.2% from 1.4%. Interestingly, it projects the Eurozone budget deficit will...
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by Jonathan Cook | Nov 18, 2025
The Bank of England’s Catherine Mann broke ranks with most economists to warn that inflation may linger longer than predicted. Those comments helped prop up the pound to start the week, although Mann warned that the economy was increasingly exposed to market shocks....
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by Jonathan Cook | Nov 18, 2025
Sterling enjoyed a more optimistic Monday as last week’s Budget-induced fever began to break. The pound strengthened against the US dollar and the euro across the day, while the yields on UK government debt softened – an indication that investors were a little less...
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