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ForexLive European FX news wrap: UK core inflation runs hot

Headlines:UK April CPI +8.7% vs +8.2% y/y expectedMarkets move to price in an additional rate hike by the BOE after UK CPI dataDollar stays in favour as equities slumpIfo economist: German economy heading towards stagnation in Q2Germany May Ifo business climate index 91.7 vs 93.0 expectedUK May CBI trends total orders -17 vs -20 priorUS MBA mortgage applications w.e. 19 May -4.6% vs -5.6% priorChina president Xi says wants to take Russia cooperation to a higher levelChina premier Li reaffirms pr... Read More

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Posted: May 24 2023, 11:59

Author Name: forexlive

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