+
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
.png){kind=logo}
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Breakfast today saw the UK release its inflation number.
Annualised growth came in at the expected 2%.
This has caused a small, but significant jump in Sterling rates as it brings into question whether the Bank of England will cut the base rate in August or not.
However this could be a brief position for GBP/EUR as the Eurozone inflation number comes out mid morning.
Analysts are predicting annualised growth of 2.5%.
After that it's all US led data before the early hours of tomorrow.
The highlights up to breakfast are the Australian unemployment rate followed by the same report from the UK at breakfast time.
Predictions are for 4% and 4.4% respectively.
Business news covers the inflation number today in more detail. Services such as restaurant and hotel prices have soared, whilst food and clothing costs have dropped creating the perceived balance of 2%.
EUR: 10:00 Inflation Report
US: 13:30 Housing Starts
US: 14:35 FEDs Christopher Waller Speech
AUS: Thursday 02:30 Unemployment Rate
UK: Thursday 07:00 Unemployment Rate
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.
