Reply To: Traders Market Weekly: Hello 2024, Unexpected Opportunity on The Menu

#69728
Truman
Participant

U.K.’s
December Services PMI 53.4 (expected 52.7; last 50.9).
November BoE Consumer Credit GBP2.01 bln (expected GBP1.40 bln; last GBP1.41 bln),
November Mortgage Approvals 50,070 (expected 48,500; last 47,890), and November Net Lending to Individuals GBP2.00 bln (expected GBP1.60 bln; last GBP1.30 bln)

Retailer Next cautioned that it is seeing disruptions due to the recent shipping difficulties in the Red Sea.
The Bank of England’s Decision Maker Panel lowered its forecast for the year-ahead CPI rate to 4.0% from 4.4% while the three-year outlook was trimmed to 3.1% from 3.2%.