Quite. Every state has a Head of State and that apparatus costs aplenty. Presidents cost the state just as much, if not more, directly or indirectly. How much does the US Presidential process cost every 4 years as opposed to a coronation every few ...

King Charles' scaled-back coronation set to cost the UK up to $125 million

Xi and his gang, PRCC, attaches importance to any country that it thinks it can coerce, cajole or bully, whether diplomatically or financially. That's nothing new. The Silk Road, and its reborn version, or the investments and loans spread across ...

China says it attaches importance to growing ties with Ukraine

That is a good, clean piece of statistical comparison evidence. Thanks for that. It highlights that the main cause of the differential and the high UK monthly/annual RoI is Energy. Whilst Food is high, it's EU-comparable. Energy and Food are very ...

Consumer price inflation, UK: March 2023

I accept/agree with most of your statements on this feed but are you sure that anyone could expect a rate of deflation to be the same as the rate of inflation (rhetorical Q)? I suspect that the reality is that people in the supply/demand curve won't ...

Consumer price inflation, UK: March 2023

The War in Ukraine is a major factor in global inflation and especially so on the continent of Europe but the UK RoI is not due to the UK supporting Ukraine any more or less than all the other European/Western nations. If you took the time to read ...

Consumer price inflation, UK: March 2023

Ugh! Ditch that idea straight away. You're trying to make a correlation where there is none. RoI is a comparison with the status either monthly or annually. Unless you've been hiding under a very large rock since 2019, say, I hate to inform you that ...

Consumer price inflation, UK: March 2023

I guess in one sense it's good that they're worried sh****ss about being masters of a complete crash even if a severe recession is a tried and tested absolute remedy. They keep telling themselves that a 'soft landing' is always the way to go, even ...

Consumer price inflation, UK: March 2023

Inflation is and has been high BUT real wages have been behind the curve (and some 4-5% less than the RoI), which has been showing up in poor retail figures and many businesses will now be taking hits to margins rather than just the initial response ...

Consumer price inflation, UK: March 2023

I guess you must think there are enough gullible people here to fall for that warped political narrative for you to bother making such a ridiculous comment. It's not a rational statistical investigation. You're just reaching to make a correlation ...

Consumer price inflation, UK: March 2023

swagtrading is correct but in addition remember that all currencies are to be compared with another (You trade pairs). So any nominal or trending figure can't be taken in complete isolation.

Consumer price inflation, UK: March 2023

It might be wise to wait for another hour (Prelim UoM) to see if the MM's have merely opened up a gap for their favoured moves.

US retail sales fell 1% in March as winter spending burst loses steam

"Needs must". 'Having to' and 'wanting to' are 2 different things. China is leveraging the current situation and gladly taking fossil fuels (principally oil) from Russia. Russia needs the funds desperately so it's having to trade its fossil fuels a) ...

Yuan's rise in Russia shows currency trend

Yes, quite. The USA-predominated market players today will be relatively uncontested. Call it a tilt to group-think.

The Employment Situation -- March 2023

Indeed. If a much larger neighbouring military state comes at you over your border, do you a) try to meet force with force or b) be smarter and choose your time, your terrain and your specific weaponry, in order to pick off little triumphs or c) ...

Unemployment Insurance Weekly Claims

The market comprises a huge array of complex emotions, viewpoints, statuses and means to make some margin. You can only be certain that you'll get volatility when there is 'Bad' or 'Surprising' News. You can't expect the market to be logical in one ...

Unemployment Insurance Weekly Claims

Someone's bad news is always someone else's good news, so your question is unanswerable without context.

ADP: Private Sector Employment Increased by 145,000 Jobs in March; Annual Pay was Up 6.9%

1) It's not specifically due to a new UK PM, although just one factor in the mix is that both he and his Chancellor are risk-averse and likely to continue a period of 'stability' for the foreseeable future, which makes it easier for businesses and ...

BOE’s Tenreyro: With the bank rate moving further into restrictive territory, I think a looser...

Belongs "TO" the EU? Surely not. That's a very unwise use of a very short word. Another short word would have been more appropriate: Belongs "IN" the EU? But even that merely shifts the attention to "Belongs". It certainly won't help Putin's ...

German Foreign Minister: Georgia belongs to the EU

Indeed. But, then, that would require her to break her habit of a lifetime.

Yellen: Prepared for Additional Deposit Actions `If Warranted': BBG

Oh my! Did you really stop to think about it before speaking out or was your urge to jump on the bandwagon of blaming everything on Brexit far too great? For a moment try practising a bit of critical thinking and assess the situation without ...

Consumer price inflation, UK: February 2023