The German Dax has defended the 15500 psychological level after industrials and healthcare allowed the index to recover from the heated inflation data over the past week.

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EU PMI data generally fell below rather lofty estimations, maintaining optimism that Europe may escape a recession in 2023. ECB Interest rate expectations hit 4%

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Sterling continues to battle against a strong US dollar but one closely-followed long-term technical indicator is giving cable some support.

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Spot gold continued its march higher this morning following a pause yesterday as positive Chinese data and a weaker USD fuel the rally

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Inflation is back from the dead but it’s sobering to recall that, not so long ago, deflation was deemed by far the greater threat. Maybe now’s a good time to ask which is worse for an economy?

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