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Market analysis - April 19, 2018
Markets are still reeling from yesterday’s surprising fall in UK consumer price inflation and what it could mean for the Bank of England’s (BoE) monetary policy decision next month, but the spotlight should temporarily shift today to the UK’s retail sales and the resumption of Brexit talks.
The UK will publish its latest consumer price index (CPI) this morning, with the figures likely to be the final deciding factor in whether the Bank of England (BoE) raises interest rates next month.
The pound looks set to soar this morning as the UK publishes its latest labour report.
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