The fall in service inflation is ‘very encouraging’ for the Bank of England (BoE) and could signal another interest rate cut next month, a financial expert...
This morning’s UK inflation data showed an unsurprising uptick in headline inflation in June, with CPI rising to 2.2% YoY, back above the BoE’s 2% target,...
The US dollar could remain under pressure following the release of the Producer Price Index as traders monitor the direction of inflation. Data showed an increase...
Gold has recently pulled back from its peak as traders took profits, anticipating upcoming US inflation data. On Monday, the market is watching the US producer...
According to analysts at Kantar grocery price inflation has increased for the first time since March 2023 as supermarket prices rose by 1.8% over in the...
Oil futures paused their four-day rally as concerns about demand resurfaced following OPEC’s downward revision of its 2024 demand growth forecast. This adjustment was influenced by...
Gold continues to recover from last week’s selloff and starts the week on a high in anticipation of US inflation data The upcoming Producer Price Inflation...
S&P 500 E-mini futures edged up slightly on Monday, up 0.23%, as they continue to pare back sharp losses from the start of the month. The...
The US dollar was trading relatively flat in the early European session as volatility and uncertainty retreated compared to last week. The greenback’s stability continues to...
Gold remains stuck between $2480 and $2450, with the 50-day moving average at $2473 also offering near-term downside support. However a big picture overview shows a...
On Friday, the British pound stabilised, after a rebound in Thursday, but remained close to its one-month low against the dollar. This slight recovery followed a...
Gold was mostly flat today, stabilising after volatility during the last few trading sessions. This stability is due to reduced recession fears following the release of...