Posts Tagged ‘Market news’

STERLING Sterling was mostly lower versus its G10 peers last week, suffering from several set-backs, including significantly weaker than expected retail sales (falling 0.8%) along with a mixed jobs and earnings update. CPI was in line with consensus, coming in at 3 percent year on year, hitting a 5 year high in the process. On…

STERLING Sterling was one of the strongest G10 currencies last week. It got off to a strong start as Brexit related uncertainties appeared to have eased somewhat over the previous weekend. Gains continued Tuesday on the release of stronger-than-expected UK industrial and manufacturing production data. We then saw some notable volatility on Thursday with the…