United Kingdom NIESR GDP Estimate (3M) climbed from previous -0.1% to 0.1% in October

Nov 10, 2023

Lagarde speech: There will be some upticks in inflation in months ahead

European Central Bank (ECB) President Christine Lagarde said at a Financial Times event on Friday that the interest rate level, if sustained long enough, will contribute to returning inflation to target, per Reuters.

GBP/USD to retest the 1.20/1.21 area on weakness below 1.22 – Scotiabank

Sterling is finding some support on dips to the 1.22 area against the USD for now but appears set for a weak close on the week against the EUR, economists at Scotiabank.