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For the third time since April, the S&P 500 index faces a sharp sell-off from the 200-day average. And all times, the fundamental reason is a more hawkish Fed policy than the markets had hoped...
The GBP/USD dropped sharply on Thursday, mainly due to a stronger U.S. Dollar at critical times for currency markets, following decisions from the Federal Reserve, the European Central Bank, and the...
Following the soft US inflation report, the UK published its November data which was also weaker than expected. The consumer price index rose by 0.4% last month against expectations of 0.6%, and the...
There was good news on the UK inflation front, as the November data indicated a drop in inflation. CPI fell to 10.7% y/y, down from 11.1% in October and below the consensus of 10.9%. Core CPI eased to...
UK data released today marked a sharp rise in jobless claims, marking a turnaround in employment recovery after COVID restrictions. The ONS reported a 30.5K increase in claimant count for November...
The British pound remains calm this week and is trading at 1.2286, up 0.20%. It is a busy week on the economic calendar, but GBP/USD isn’t showing much interest. Today’s UK employment...
Stock markets are tentatively higher in Asia, while Europe and the US are poised for a similarly modest start to trade in what is the start of a hectic 72 hours in the markets.For so many weeks now,...
The GBP/USD advances for the fourth day in a row on Monday, with the sterling gaining upward traction at the start of the week after UK GDP data while the dollar continues to face selling pressure.At...
It promises to be a hectic week in the UK, with a host of key calendar events that could influence GBP/USD. Monday started on a positive note, as GDP for October climbed 0.5%, up from -0.6% in...
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