UK growth has been trending in the right direction even before the Bank of England voted to lower rates earlier this month. GBP/USD partially recovers from the July selloff
from DailyFX – Market News https://bit.ly/3AmVTsJ
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US CPI Steadies Around Estimates – USD and Treasuries Rise
The disinflationary process continues to make minor gains in the US as inflation data for July printed as expected for most measures. Dollar and treasuries rose, SPX futures oscillated
from DailyFX – Market News https://bit.ly/4dmknkn
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UK Headline Inflation Rises by Less Than Expected, GBP/USD Now Eyes US CPI
UK headline inflation rose from 2% in June to 2.2% in July, mainly driven by prices of gas and electricity falling by less than last year, according to the Office for National Statistics.
from DailyFX – Market News https://bit.ly/4cxZZfa
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Euro (EUR/USD) Latest – German Economic Outlook Slumps in August
The ZEW economic outlook turned sharply lower in August with economic expectations declining at their fastest rate in two years.
from DailyFX – Market News https://bit.ly/3WIymtN
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UK Unemployment Rate Falls Unexpectedly, but Major Concerns Reappear
In June the UK Unemployment rate dropped, defying expectations while average earnings remained steady. However, July’s sharp rise in unemployment claims raises concern
from DailyFX – Market News https://bit.ly/46Od2aP
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