by Julian Benson | Jan 11, 2023
Market watchers looked to the stock market and saw European shares extend their losses yesterday, following the eight-month highs seen on Monday as investors considered hawkish comments from the European Central Bank. The annual inflation rate in the Euro area fell...
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by Julian Benson | Jan 11, 2023
Yesterday we heard retail sales in the UK rose to 6.5% in December 2022, markedly above expectations of 2.5% and up from 4.1% in November 2022. While the change was unexpected, the pound did not react and remains steady against the euro and US dollar. Helen Dickinson,...
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by Charles Purdy | Jan 11, 2023
Yesterday the UK Jobs report from S&P Global revealed employers have an uncertain outlook for 2023 which could add strain to the hiring market as employers continue to tread carefully. Commenting on the results which disclosed a decline in permanent placements and...
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by Christopher Nye | Jan 10, 2023
On Friday, the dollar index, which measures the US dollar against six major currencies, fell by 1.15% investors moved into riskier assets. Fears continue into this week as today, the dollar remains weak against both sterling and the euro, largely due to fears that the...
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by Christopher Nye | Jan 10, 2023
EUR/USD rose on Monday following the latest eurozone unemployment data. The latest data revealed the seasonally-adjusted unemployment rate stood at 6.5% in November, unchanged from October’s all-time low as markets expected. Overall, the number of unemployed people in...
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