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Ear to the Ground

Very little economic data from the UK this week to attract the attention. Perhaps the most headline grabbing release was the Nationwide Housing Prices survey to April which showed month on month values fell 0.4%

Ear to the Ground

Focus was on the Bank of Japan this week as they met to discuss interest rate and monetary policy. As expected, they decided to keep their short term interest rate unchanged at 0%-1%.

Ear to the Ground

Inflation data was the key focus of attention for UK investors this week. Year on year, the consumer price index rose by 3.2%.

Ear to the Ground

Eyes were focussed on US economic data releases this week, with little coming out of the UK. There was positive news for the US economy with the release of manufacturing data to March.

Ear to the Ground

After the flurry of central bank activity last week, the economic calendar has been a little more sedate. In the UK there has been little data to breakdown

Ear to the Ground

This week was one of central bank domination. First up we had the Bank of Japan who, after eight years of negative rates, hiked their short term interest rate from -0.1% to a range of 0%-0.1%.

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