Market Insight

The latest analysis of popular markets from our team of industry experts.

CFD trading is high risk and may not be suitable for everyone.
UK inflation sends pound to 1 year high

UK inflation hit 2.9% in August with core prices up 2.7%, demonstrating that it is the weak currency, not just oil prices driving the change. The market is starting to call the Bank of England’s bluff that it plans to keep interest rates steady.

 

This is LCG’s daily Market Snapshot video. Our Head of Research Jasper Lawler offers a concise analysis of one of the day’s key themes or events and how it could affect the charts of an asset within the stock, forex, indices or commodities market.

 

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