Here is what you need to know.
*US markets are set to open lower. *US markets are pointing lower as traders return to work following the holiday weekend. The Dow Jones Industrial Average is on track.. Business Insider
LONDON (AP) — The rate of inflation in Britain has soared to its highest level in 2 ½ years as the fall in the pound begins to hit consumers at the grocery store. The Office for National Statistics.. Seattle Times Also reported by •FOXNews.com
Inflation in Britain rose strongly in December – linked to the Brexit vote. The large fall in the value of the pound against other currencies since last June’s referendum has pushed up the cost of.. Source: Euronews English -
British inflation rose more strongly than expected in December to hit its highest level since mid-2014, propelled by the Brexit-fuelled fall in the value of sterling which looks set to hit consumers'.. Source: Rumble -
Inflation in Britain has risen again. In November consumer prices were 1.2 percent higher than November last year.
That was the highest rate in more than two years and up from 0.9 percent in.. Source: euronews (in English) -
Consumer prices in the U.K. rose in November at the fastest annual pace for more than two years, a sign that sterling’s sharp depreciation in the wake of June’s Brexit vote is fueling a revival in.. Wall Street Journal
Dave Lutz, the head of Exchange Traded Funds at JonesTrading, has your guide to what's happening in markets today:
· Futures are up after another record-setting day for the Dow. European stocks are.. Business Insider
LONDON (AP) — Official figures show that inflation in the U.K. jumped to a 2-year high of 1.2 percent in the year to November in the wake of higher clothing and fuel costs. The scale of the increase.. Seattle Times Also reported by •FOXNews.com
A euro crisis and contagion is almost certain in 2017, Irish economist and writer, David McWilliams has warned:
"It is almost certain that there will be another euro crisis in 2017. The last.. Zero Hedge
The US dollar had a good week ahead of the FED, which is naturally the key event coming up. A rate decision also awaits us in the UK. Inflation data in both countries and employment figures in various.. FXstreet.com
LONDON (AP) — Britain’s annual inflation rate fell to 0.9 percent in October from 1 percent in September as the weakness of the pound failed to translate into higher prices at the shops. The Office.. Seattle Times