Market insights

UK Inflation Report Inbound

Tomorrow morning is a big deal for the Pound.

The monthly inflation report.

Economists are expecting an annualised growth reading of 2.6%.

This will be an uptick from the 2.3% reported last month and could take any remaining pressure off the Bank of England for another rate cut.

Ahead of that there's plenty to get your teeth into.

UK wage growth is now over double the current inflation rate as the number of vacancies drops. This might balance up the gap between income and expenditure.

There's also Canadian inflation numbers out and US retail figures out just after lunch today.

For the former expect annualised growth of 2% and the latter monthly growth of 0.5%.

Overall it looks to be an interesting 24 hours in the markets with the chance for some good moves.

Business news covers the sale of the Royal Mail to a Czech born billionaire with a shake up expected.

Get your free quote now

Economic calendar

CAN: 13:30 Inflation Report

US: 13:30 Retail Sales

UK: Wednesday 07:00 Inflation Report

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.

Open a free account

It is free and easy
Register