UK wage increases lag behind inflation

The pound has weakened slightly against the euro but has strengthened against the dollar following UK jobs data. Pay increases lagged behind inflation in the last quarter of 2021, despite record high job vacancies, but unemployment data came in as expected. All eyes...


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EUR: German economic sentiment data eyed

The euro has strengthened slightly this morning despite growing tensions between Russia and Ukraine. Growing concerns over an imminent Russian invasion of Ukraine caused oil prices to hit a 7-year high yesterday. Russia supplies Europe with a third of its natural gas,...


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Inflation data the one to watch this week

The pound starts the week slightly on the back foot after recovering by more than 1% over the course of last week against the euro. Against the US dollar this morning’s decline has been sharp, but limited so far to just around 0.3%. Definitely one to watch, however...


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