Daily Alert – Tuesday 12th December 2023: All quiet as we wait…

Mark NugentDaily Alert, December 2023

Daily Alert – Tuesday 12th December 2023: All quiet as we wait…

Good afternoon.

We are having the very predictable slow start to the week as we head towards the three central bank rate setting announcements tomorrow and Thursday.

US CPI data was broadly in-line with market expectations and ruffled no feathers.

Average Earnings in the UK fell by more than expected but at 7.2%, runs the risk of stoking inflation.

I’ll be back tomorrow.

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