UK data released today marked a sharp rise in jobless claims, marking a turnaround in employment recovery after covid restrictions. The ONS reported a 30.5K increase in claimant count for November after a 6.5K decline a month earlier and a sharply stronger-than-expected 3.5K. Previously there had been a trend of slowing job growth over the […]
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…