Reply To: Traders Market Weekly: Another Year, Another Reset


The UK market is closing early today.
On a related note, the London Times reports that Prime Minister Sunak is considering cutting in half the fiscal support provided to businesses to help pay fuel bills.
Spain’s December CPI dropped to 5.8% yr/yr from 6.8%, leaving it at a high level but headed in the right direction. EUR/USD +0.2% to 1.0676.
Spain’s December CPI +0.3% m/m (last -0.1%) and +5.8% yr/yr (expected +6.1%; last +6.8%)
UK’s December Nationwide HPI -0.1% m/m (expected -0.7%; last -1.4%) and +2.8% yr/yr (expected +2.3%; last +4.4%)
Switzerland’s December KOF Leading Indicators 92.2 (expected 90.5; last 89.2)