london pmi forex

The monthly PMI figures for the month of June signaled that the UK’s economy was poised for a rebound. Data from Markit/CIPS indicated a mixed report, but the overall factor was that business conditions were improving. Following the release of the PMI’s, Markit forecasts that the UK’s economy might have averaged around 0.4% in the three month...

2018-07-12 John Benjamin Read more
BOE May Rate Hike Looks Doubtful

Carney Crushes May Rate Hike Hopes GBP has been under heavy selling pressure over the last two weeks following comments from BOE governor Mark Carney who surprised the market by unexpectedly dashing hopes of a May rate hike. During comments made as part of an interview with a UK broadcaster, intended for a non-market audience, the BOE chief sai...

2018-05-02 James Harte Read more
Carillion Enters Liquidation

11th Hour Talks Fail The main story on Monday morning was the news that UK contractor Carillion enters liquidation following the failure of eleventh hour talks aimed at saving the business. The construction giant had been in talks with both its lenders and the government in a bid to salvage the company, however, these talks were un-successful, ...

2018-01-19 James Harte Read more