by Christopher Nye | Nov 8, 2022
Markets are still dealing with the aftershock of Kwasi Kwarteng’s September mini-budget as yesterday, the Halifax house price index revealed a year-on-year increase of 8.3%. This slowed from a 9.8% gain in September and points to the slowest pace of growth since this...
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by Christopher Nye | Nov 7, 2022
Last Friday, the Federal Reserve published a report warning of the potential for financial distress that may damage the economy if interest rates rise to steeper levels than expected. some of the risks included “unacceptably high” inflation, a weaker global economy,...
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by Christopher Nye | Nov 7, 2022
After making new gains against the pound over the course of last week, the euro begins today marginally unchanged from where it ended on Friday. Germany’s industrial production was released this morning. It rose by 0.6% month-over-month, rebounding from an...
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by Charles Purdy | Nov 7, 2022
Chatting yesterday to someone about a weekend trip to Nice they’ve just booked for the spring, and knowing I was in the business, she asked if she should get her €500 spending money now, or wait until closer to the time. I was confidently able to tell her that I...
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by Christopher Nye | Nov 7, 2022
It is a moderately quiet day for data today. While there will be various releases over the course of the week, key data markets will be watching out for is GDP this Friday. Britain’s annual GDP growth rate data for Q3 will be released at 7am. Gross domestic product...
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