
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
UK households are currently facing the tightest squeeze on their finances for the last three years, while the BoE’s signal that it’s about to lift interest rates will probably make things worse, a poll disclosed on Monday.
IHS Markit revealed in its monthly statement that in September Household Finance Index went down to 42.8 from 43.4 in August, although it’s still above a three-year minimum of 41.6 observed in July.
Assessing the third quarter in general a conclusion arises that the index's average reading turns to be its lowest outcome since 2014.
UK households have been affected by rapidly soaring inflation since the previous year's Brexit vote as well as dismal surges in wages.
Monday's poll disclosed the amount of cash available to spend kept going down at one of the steepest rates observed for the last three years.
The previous week the BoE told it actually expected to lift interest rates in the nearer months if inflation pressure kept building. That statement shocked many market participants.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
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