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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
The reading was 0.2% higher than expected.
As expected the reasons were cited as energy prices.....with a nod towards an increase in water charges.
Referred to as "Awful April", a number of hikes going into the new tax year has hit hard.
This means the Bank of England is unlikely to cut interest rates in June where a drop was largely anticipated.
On the back of this the Pound has gained immediate strength versus the Dollar.
Versus the Euro it's a bit more status quo.
We do, however, head into a Thursday littered with scheduled news that could move the markets.
The highlight is the global manufacturing and services data out throughout the day that has recently been a big mover.
Friday breakfast should also be on the radar for anyone buying or selling the Pound with retail sales numbers being reported.
Monthly growth of 0.3% is expected.
Business news covers the inflation report in more detail whilst also shining a light on the recent retail cyber attacks on M&S and the Co Op.
EUR: Thursday 09:00 Manufacturing and Services PMI
UK: Thursday 09:30 Manufacturing and Services PMI
US: Thursday 14:45 Manufacturing and Services PMI
UK: Friday 07:00 Retail Sales
As ever we look forward to keeping you in the loop and look out for our next update.
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