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UK Market Open - UK CPI hits a 40-year high at 10.1%, awaiting July FOMC Minutes for policy clues
Focal data release from UK July CPI as YoY beat high estimates and entered double-figures at 10.1%, marking highest annual pace since Feb 1982. Worth reminding BOE predicts CPI peaking at 13% in Oct.
Market Rasen: Clean-up begins after homes flooded
A clean-up operation is under way after "waist-high" water flooded homes and streets in a Lincolnshire town. The exact number of properties affected in Market Rasen is not known as authorities are yet ...
UK bond market flashes economic warning after hot inflation data
Short-term UK government bonds sold off sharply on Wednesday as blistering inflation data lifted expectations for Bank of England rate rises, sending a measure of concern over Britain’s economic ...
UK inflation exceeds 10% as bread and milk prices soar
Inflation in the United Kingdom hit a new 40-year high last month, rising above 10% for the first time since 1982 and piling further pain on households already struggling to pay their bills.
GBP/USD Forecast: Pound looks indecisive after hot UK inflation data
GBP/USD has failed to capitalize on hot UK inflation data early Wednesday and declined below 1.2100 before staging a rebound. The near-term technical outlook paints a mixed picture as the pair trades ...