Yesterday we saw US PPI (producer price inflation) reach 0.7%, its highest level in 7 months. We also had four speeches from Federal Reserve members commeting on the economic outlook for the US.
The USD dipped slightly this morning, giving up some of its gains from yesterday but is still keeping GBP struggling to break the 1.21 area and the EUR just about hanging on to 1.07. U.S Retail Sales rebounded sharply in January after two straight months of declining figures, rising 3% on the month when compared to December’s 1.1% fall.
Yesterday we saw UK Employment data release above expectation, which saw GBP climb above both Dollar & Euro. 34K more jobs above forecast and unemployment remained unmoved at 3.7%.
Average earnings however dropped by 0.3% below forecast to 5.9%.
Finances, money, and earnings are all very common parts of simply being an adult. Money makes the world go around, but sometimes we might need some extra help dealing with it.
UK Wages continued to climb in the UK but failed to keep pace with inflation despite the largest rise outside of the COVID pandemic.
Personal finance is a tricky and often intimidating subject for many people. With so much conflicting advice, knowing what's right for your situation can take time and effort.
Did you know that the highest price of crypto was over $65,000 per coin? This was the value of Bitcoin in November 2021. This cryptocurrency's insane prices have encouraged the world to invest. But this isn't the only crypto you should be interested in.
Crypto is regarded as a new market phenomenon and has gained good momentum in the recent past. The past decade has brought too many virtual currencies into the market, and many have come into the lives of investors.
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