Expectation on CPI report favors Pound

The cost of living in the UK as represented by the Consumer Price Index (CPI) for August month is due early on Wednesday at 06:00 GMT. The key inflation data will pave the way for market forecasts concerning the “Super Thursday” and hence become even more important than the otherwise case. The headline CPI inflation [...]

Housing market confidence supports pound

Confidence in Uk housing has increased. Stamp duty cuts, coupled with increased demand for homes with gardens since the pandemic, has driven confidence in the housing market to a four-year high, according to surveyors and estate agents. A net balance of 44% of members of the Royal Institute of Chartered Surveyors (Rics) reported an increase [...]