Live Breaking News & Updates on United kingdom january

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Calls for smart motorways to be banned after hundreds of failings discovered

The failures have been described as ‘every driver’s worst nightmare’

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Before the Bell: ASX to slip, Wall St awaits CPI data

Australian shares are poised to open little changed, reflecting modest moves in New York. Meta drops. Iron ore hammered. Bitcoin tops $US72,000.

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ASX to fall, Nvidia drops as profit taking hammers Nasdaq

Australian shares are poised to open lower, following losses in New York. BHP, Rio shares drop in line with spot iron ore as China demand lags.

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Key Events This Week: Nvidia Earnings And FOMC Minutes

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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Nifty, Sensex rise on positive global cues and declining inflation

Nifty, Sensex rise on positive global cues and declining inflation
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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GBP/USD holds below the 1.2600 mark ahead of UK PPI, CPI data

The GBP/USD pair loses traction below 1.2600 during the early Asian trading hours on Wednesday.

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UK CPI data key to extending Sterling's gains

Sterling has shown marked strength this week, with upcoming UK January inflation data eagerly awaited as potential catalyst for further gains. CPI is expected to edge up from 4.0% yoy to 4.1% yoy, continuing its rebound from the low of 3.9% set in November. Core CPI is also expected to rise from 5.1% yoy to 5.2% yoy.

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Eyes on UK Inflation While Dollar Dominance Continues

On the other hand, Sterling is taking center stage for now. As the week's second strongest currency at this point, the Pound showed remarkable resilience even in the face of Dollar's strength. Investors and market analysts alike are keenly awaiting today's UK inflation data, which could either reinforce BoE's hesitation to lower interest rates. Any unexpected upward surprise in inflation might not only affirm the BoE's current stance but also spur additional Sterling rally, especially in crosses.

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FTSE 100 today: London markets likely to open in the red amid global market rout

Asian stocks fell after a Wall Street sell-off, while the US dollar remained near three-month highs. Oil prices dropped, Lyft shares fell.

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EUR/GBP attracts some buyers above the 0.8500 mark following UK CPI, PPI data

The EUR/GBP cross gains traction above the 0.8500 psychological mark during the early European trading hours on Wednesday.

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