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<p>For some comparison, this is lower than what the UK government is forecasting themselves i.e. 0.7% growth for next year.</p> This article was written by Justin Low at www.forexlive.com.

<p>It has been a poor start to January trading for gold this year and things looked like it would continue yesterday. After the US CPI data, gold dipped lower to $2,013 levels but fell short of testing the key trendline support at around $2,009 before a reversal in the action. The rebound came amid a […]

<ul><li>Eurostoxx +0.8%</li><li>Germany DAX +0.9%</li><li>France CAC 40 +0.8%</li><li>UK FTSE +0.8%</li><li>Spain IBEX +0.8%</li><li>Italy FTSE MIB +0.6%</li></ul><p>It's a solid bounce but mostly just catching up to try and erase the losses from yesterda

<ul><li>Prior +3.2%</li><li>HICP +3.3% vs +3.3% y/y prelim</li><li>Prior +3.3%</li></ul><p>Core annual inflation eases further to 3.8% on the month, down from 4.5% in November. And that is keeping with the trend as of late, helping to give the ECB more flexibility in working towards a policy piv

<ul><li>Prior +3.5%</li><li>HICP +4.1% vs +4.1% y/y prelim</li><li>Prior +3.9%</li></ul><p>No changes to the initial estimates and although the headline readings did tick higher in December, the core reading actually declined. Core annual inflation eased further to 3.4% on the month, down from 3

<ul><li>Prior -0.3%</li><li>Services output +0.4% m/m</li><li>Industrial output +0.3% m/m</li><li>Manufacturing output +0.4% m/m</li><li>Construction output -0.2% m/m</li></ul><p>This just reaffirms a modest recovery in the UK economy towards the end of last year, as evid

<p>USD</p><ul><li>The Fed <a href="https://www.forexlive.com/news/fomc-decision-no-change-to-rates-2024-median-dot-46-vs-49-expected-20231213/">left interest rates unchanged</a> as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. </li><l

<p>It looks like markets have shrugged off the higher US CPI data from yesterday, and rather quickly at that. For me, the main reaction was in the bond market and that is the one that is reverberating across broader markets as well in the aftermath. More on that <a href="https://www.forexlive.com/news/higher-us-cpi-not-enough-to-drag-

<p>On the initial reaction to the US CPI data yesterday, 10-year Treasury yields jumped from 3.99% to 4.06% before ultimately settling lower below the 4% mark. That's the sort of thing which is seeing bond sellers go out on a whimper after the action from last week. It comes as yields fail to take out […]

The AUD/USD pair remains on the defensive during the early Asian session on Friday.