According to the ONS, the Consumer Price Index (CPI) measure of inflation was the same as previous at 2.6 and 2.4 per cent year-over-year respectively, they missed expectations for a small increase to 2.7 and 2.5 per cent.
Looking ahead, major geopolitical risks are likely to heighten rather than dissipate in the near-term, and this could mean further demand for safe heaven asset, the yen.
At the same moments, the relative dovishness of the BOE, as well as ongoing uncertainties surrounding the c…
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