Christopher

Here is what you need to know on Monday, January 13: Risk-off flows extended into Asian trading on Monday as investors digested Friday’s US labor market report, gearing up for the Consumer Price Index (CPI) data due later in the week. The US Bureau of Labor Statistics (BLS) published the NFP report

The 10-year gilt stabilised around 4.80% yesterday, which has allowed the pound to partially recover after hitting a 1.224 low yesterday morning. What has helped calm market nerves was a comment by a top UK Treasury official who claimed ‘meeting the fiscal rules is non-negotiable’, ING’s FX analyst

Next, the retailer is the top performer on the FTSE 100 this morning and is higher by more than 4% after it posted a strong Christmas trading update and lifted profit guidance yet again. The market was not deterred by Next’s concerns around higher costs from the Budget, which bodes well for the UK’s

Federal Reserve Bank of San Francisco President Mary Daly said on Saturday that despite significant progress in lowering price pressures over the past two years, inflation remains uncomfortably above the 2% target, per Bloomberg. Key quotes Inflation remains above our target. Labor market equilibriu