by Julian Benson | Dec 14, 2022
This morning the UK’s annual inflation rate came in at 10.7%, a drop from 11.1% recorded in the year to October. It is slightly below the level predicted and this could have an influence on the Bank of England’s interest rate decision on Thursday. The main reason for...
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by Christopher Nye | Dec 13, 2022
Yesterday the New York Federal Reserve released its surveyed results on inflation. The results are overall positive but still elevated. The survey revealed that the expected inflation in the year ahead will fall to 5.2% from October’s 5.9%. They also showed...
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by Christopher Nye | Dec 13, 2022
As well as the ECB’s interest rate decision this week, eurozone markets will also find out the latest S&P Global/BME Germany Manufacturing PMI this week. The data will be released on Friday and is expected to fall gently from 46.2 to 45.9. This points to another...
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by Christopher Nye | Dec 13, 2022
This Thursday the pound will navigate a variety of key data releases including this month’s GfK Consumer Confidence. The indicator rose slightly to -44 in November 2022, pointing to an improvement for the second straight month as political concerns eased. Client...
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by Christopher Nye | Dec 13, 2022
Yesterday’s GDP data revealed that the UK’s economy expanded 0.5% in October. This marked the biggest increase in nearly a year and was above forecasts of 0.4% and follows a 0.6% contraction in September. The big news today however, comes from unemployment which edged...
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