Topic: Daily Market Updates

Labour data trumps fall in bank lending; sterling bounces as risk appetite returns and the euro firms as key data eyed.

US recession fears spark risk aversion; German recession calls falter; and we wonder if we will have to wait until 2024 to see the UK cut interest rates?

JOLTs surprise leaves a mixed feeling behind; the euro is buoyed by positive data, and the pound hits a 10-month high.

Dollar erases gains as new data comes into focus; we look at how sterling usually appreciates in April, and the silent rise of European equities.

Risk aversion hurts the pound as oil prices jump, while sticky inflation continues to keep pressure on the ECB. Bank’s stress borrowing eases significantly.

GBP/USD primed for best month since November and sticky European inflation lifts the euro.