UK Chancellor Kwarteng has cut short his visit to Washington, returning to the UK
<p>Reuters with the news item, citing unnamed sources.</p><p>Market chatter is that he will be doing a U-turn on his tax cut plan. This unfunded plan is what triggered the melt-down…
Read More »Carbon credit use could curb company climate action, warns UK advisers
Original source: https://www.investing.com/news/stock-market-news/carbon-credit-use-could-curb-company-climate-action-warns-uk-advisers-2910999
Read More »GBP/JPY Price Analysis: Plummets below 155.50 after losing more than 2.93% in the day
GBP/JPY plunged more than 450 pips or 2.93% on Friday, amidst risk-aversion, after PMIs reported by S&P Global showed that the EU and the UK could be
Read More »British Pound (GBP) Forecast – UK Inflation May Hit Double-Figures
The British Pound is in for a rough ride next week with the latest employment, wages, retail sales, and inflation data all set for release
Read More »GBP/USD establishes above 1.2000 despite UK political instability, US NFP in focus
The GBP/USD pair is advancing modestly towards the critical resistance of 1.2050 as the asset has extended Thursday’s bullish bias. The pound bulls ha
Read More »Britain introduces plans to better regulate ‘buy now, pay later’ firms
Original source: https://www.investing.com/news/stock-market-news/britain-introduces-plans-to-better-regulate-buy-now-pay-later-firms-2838730
Read More »Global Market Trends Continue To Push US Dollar & US Assets Higher
Every day seems filled with some new comment or data point that suggests the Global Market or the US Fed will aggressively attempt to burst the inflation bubble. Global central…
Read More »UK data – Rightmove house prices for February +1.7%
Remove house prices for March 2022 saw a gain of 1.7%. That was the biggest March rises since 2004 In January, the index rose 2.3%. That was the biggest monthly…
Read More »Market Update – March 11
US CPI is at a fresh 40-year peak, and there was a hawkish slant from the ECB for which the markets were not fully prepared. Risk off prevails with Asian stocks…
Read More »UK December BRC shop price index y/y +1.5% vs +0.8% prior
This indicator has been long-forgotten but it is returning to relevance with the market focus on inflation. This is the highest reading since 2012.
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