Composite PMI exceeded analyst expectations as the services sector expanded at the fastest pace since the reopening of the economy from Covid lockdowns….Read More
Tag: Economics
UK Inflation Rises to 2.6%, Challenging BoE Rate-Cut Timeline: GBP/USD Holds $1.27
UK inflation rises to 2.6%, pushing the BoE to reassess its rate-cut timeline amid surging wages and uncertain labor market trends….Read More
November Housing Data: Single-Family Starts Climb 6.4% as Multifamily Activity Slows
More Information in our Economic Calendar.Housing Starts Show Divergent Trends Total housing starts in November fell to an annualized rate of 1,289,000, marking a 1.8% decline from October and a…
UK Wages Surge 5.2% in October Testing Q1 2025 Rate Cut Bets: GBP/USD Eyes $1.27
October’s UK labor data: Rising wages, steady unemployment challenge BoE’s rate stance as inflation moves above the BoE’s 2% target….Read More