News

Morning Report: 19 April 2018

GBP. Sterling took another heavy knock yesterday as the week’s second major data release, Consumer Price Index inflation, missed expectations. Headline CPI inflation fell to 2.5% year on year, significantly lower than the 2.7% expected, while Core Inflation, which excludes fuel, fell to 2.3%. Yesterday’s big inflation miss will be a spanner in the works […]

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Morning Report: 19 April 2018

GBP. Sterling took another heavy knock yesterday as the week’s second major data release, Consumer Price Index inflation, missed expectations. Headline CPI inflation fell to 2.5% year on year, significantly lower than the 2.7% expected, while Core Inflation, which excludes fuel, fell to 2.3%. Yesterday’s big inflation miss will be a spanner in the works […]

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Morning Report: 19 April 2018

GBP. Sterling remains below yesterday’s open against both EUR and USD, having reached post Brexit highs against the greenback yesterday morning before selling off after UK labour market data. Although Unemployment fell to a fresh low of just 4.2%, wage growth including bonuses did not accelerate as expected. The week is far from over for […]

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Morning Report: 19 April 2018

GBP. Sterling remains below yesterday’s open against both EUR and USD, having reached post Brexit highs against the greenback yesterday morning before selling off after UK labour market data. Although Unemployment fell to a fresh low of just 4.2%, wage growth including bonuses did not accelerate as expected. The week is far from over for […]

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Morning Report: 18 April 2018

GBP. Sterling remains below yesterday’s open against both EUR and USD, having reached post Brexit highs against the greenback yesterday morning before selling off after UK labour market data. Although Unemployment fell to a fresh low of just 4.2%, wage growth including bonuses did not accelerate as expected. The week is far from over for sterling, […]

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Morning Report: 17 April 2018

EUR. The euro was out of the spotlight yesterday and weakened against sterling, but took advantage of the continued rout in the US dollar. Aside from a 0.0% month on month print for the German Wholesale Price Index, no major data was released. Today at 10:00 GMT, the widely followed ZEW Economic Sentiment Survey will be […]

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Morning Report: 12 April 2018

GBP Despite a mixed bag of UK data, sterling had another relatively strong day yesterday furthering gains on both the euro and dollar. The UK Trade Balance deficit reduced significantly due to an increase in services exported to the EU, but Industrial Production fell to 0.1% for February. The recent petering out of the industrial […]

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Morning Report: 12 April 2018

GBP Despite a mixed bag of UK data, sterling had another relatively strong day yesterday furthering gains on both the euro and dollar. The UK Trade Balance deficit reduced significantly due to an increase in services exported to the EU, but Industrial Production fell to 0.1% for February. The recent petering out of the industrial […]

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Morning Report: 11 April 2018

GBP The pound was the biggest winner against both the dollar and euro yesterday as it started the day fairly positively due to the announcement of a post Brexit free trade deal between Norway and the U.K. Gains against the euro weren’t as pronounced as the euro clawed back some ground following the European Central […]

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Morning Report: 9 April 2018

GBP Poor data was no barrier for sterling last week, and the pound advanced against both the euro and dollar. This morning Halifax’s House Price Index beat expectations to show a monthly increase of 1.5%, leaving annual growth at 2.7%. Tomorrow morning the British Retail Consortium’s Retail Sales Monitor will be released and will be […]

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Ranko Berich

Ranko Berich

Ranko Berich is Head of Market Analysis at Monex Europe & Monex Canada. He is a respected macroeconomic commentator, combining incisive market insight with a deep understanding of global economic and political events.

Ranko leads our team of analysts, providing commentary and insight on the markets as news breaks.

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