by Julian Benson | Jan 4, 2023
The German inflation rate fell from 10% in November to 8.6% in December 2022. This rate was below market forecasts of 9.1% and reflects the lowest rate Germany has seen since August last year when the government’s initiative to lower household natural gas bills came...
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by Julian Benson | Jan 4, 2023
As market doors opened yesterday, the pound made marginal losses against the US dollar but quickly regained its strength throughout the course of the day. Today, we will hear BoE consumer credit and mortgage lending figures for December which could impact the pound’s...
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by Julian Benson | Jan 4, 2023
The pound and euro lost sharply against the US dollar at the start of trading yesterday but have recovered those losses this morning. Rail strikes continued to wreak havoc on Tuesday morning. While issues remain to be sorted, Downing Street expressed optimism that a...
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by Christopher Nye | Jan 3, 2023
The eurozone’s services PMI which tracks variables such as sales, employment, inventories and prices is expected to rise to in Wednesday’s release, in line with preliminary estimates. The final PMI data is expected to reveal that in December, the S&P...
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by Christopher Nye | Jan 3, 2023
Like Britain, the US will also be expecting manufacturing PMI today in which the index is also expected to fall in line with preliminary estimates. The estimates revealed that in December, the S&P global US manufacturing PMI fell to 46.2 from 47.7 in November....
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