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PMI remains weak, and the shadow of "stagflation" looms over the United Kingdom's economy.
S&P Global stated that the key Index is just slightly above the contraction Range; with increasing price pressures, the risk of stagflation is becoming greater.
The preliminary manufacturing PMI for the United Kingdom in January is 48.2, exceeding expectations.
Gelonghui, January 24 | The preliminary manufacturing PMI for the United Kingdom in January is 48.2, expected 47, previous value 47; the preliminary services PMI is 51.2, expected 50.9, previous value 51.1.
Trump has not "fully unleashed" his firepower, which could put pressure on the dollar? Morgan Stanley: Traders are waiting for a selling opportunity!
① Morgan Stanley stated that while there are many who are Bullish on the US dollar, there are even more investors looking to Sell the dollar, as they have prepared funds and are just waiting for short sell signals. ② Morgan Stanley advises to Short Sell the dollar against the euro, yen, and British Pound, expecting the dollar to weaken.
Canadian Retail Sales Look to Have Jumped in December -- Market Talk
CIBC Comments on Retail Sales Data in Canada
Economists warn: economic growth in the United Kingdom is slowing, and recessions will become more frequent.
Research indicates that the slowing growth rate of the United Kingdom's economy makes it more vulnerable to growth shocks, and it may face more frequent technical recessions in the future.