UK M4 Money Supply MoM (Mar) M/M 0.8% vs. Exp. 0.5% (Prev. 0.6%)
The UK M4 Money Supply MoM figure for March came in at 0.8%, beating expectations of 0.5% and slightly above the previous month’s reading of 0.6%.
[ANALYSIS] Iranian War Day 63: US frames conflict as “terminated” for War Powers Resolution while strike decisions loom
Iranian Judiciary head says Iran does not accept negotiation based on imposition; adds Iran has never left the negotiating table, Iranian press reports
UK M4 Money Supply MoM (Mar) M/M 0.8% vs. Exp. 0.5% (Prev. 0.6%)
[MARKET ANALYSIS] USD/JPY breaches Thursday low, USD resilient in thin trade
ECB's Kocher says it is too early to see second round inflation effects
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This stronger-than-expected growth in the money supply could signal increasing liquidity in the economy, which may influence the Bank of England’s monetary policy considerations moving forward. Market participants will likely see this as an indicator of potential inflationary pressures ahead.
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