by Christopher Nye | Nov 24, 2022
America’s jobless claims rose by 17,000 to 240,000 on the week ending November 19th. This was highest number of claims the US has seen since August and well above expectations of 225,000. Key contributing factors of the recent rise include the wave of layoffs in...
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by Christopher Nye | Nov 24, 2022
The big data release markets will be anticipating today is Germany’s Ifo business climate for November. The index is expected to fall gently from 84.3 to 83.7, pointing towards the weakest levels since May 2020. The data is scheduled to be released at 10am UK...
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by Christopher Nye | Nov 24, 2022
The Bank of England (BoE) have a number of speeches scheduled in today, with the first being from the Bank’s deputy governor for markets, Dave Ramsden at 10:45am. After raising interest its highest level since 1989 in the BoE’s November meeting,...
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by Christopher Nye | Nov 24, 2022
Markets saw the pound hit a three-week high against the euro yesterday due to a cocktail of contributing factors. Some of these included better than expected PMI data, the Supreme Court’s ruling against a Scottish independence referendum and the PM’s...
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by Charles Purdy | Nov 23, 2022
Sterling hit its highest point against the euro for three weeks yesterday, and remains at its strongest against the US dollar since the summer. Waiting for the imminent recession and its effect on the exchange rates is like, as they say, waiting for the second shoe to...
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