In what could be signs of a sluggish close to the second quarter GDP, the latest manufacturing, construction and industrial production numbers painted a grim picture on the economy. Manufacturing activity in the UK stagnated in June led by a decline in vehicle production which fell 6.7%, marking the biggest decline since 2013, data from the UK’...

2017-08-11 John Benjamin Read more
China

For the past few years, if you were following the business news bulletins anywhere in the world, you should have noticed that many were warning of the situation in China. The headline is almost the same everywhere “China’s slowing down”. In many occasions, many were blaming China, demanding for broader reforms. However, maybe they forgot somet...

2017-07-17 Nour Eldeen Al-Hammoury Read more
Janet Yellen

After weeks and months of denying that the economic slowing down is transitory, we get more and more signs that the US economy is indeed slowing down, which in return would hold off the Fed from raising rates this year. Today, almost the entire core economic releases showed a shocking readings, including Retail Sales, Core Retail Sales, CPI and...

2017-07-14 Nour Eldeen Al-Hammoury Read more
Bank of China_Chinese data

After the ECB decision and the US economic releases during yesterday’s trading, which had a notable impact on the markets. Another set of economic figures were released from China, which also led to another wave of volatility until this report is released. In today’s article, we will take a look at the Chinese figures, explain the impact and wha...

2017-01-20 Nour Eldeen Al-Hammoury Read more
Sterling_GBP

The British Pound is considered to be the weakest currency since the beginning of the year. The pound tumbled all the way back to 1.21 areas as fears of hard Brexit is rising by the days. The European and the British are just blaming each other over the outcome of that referendum. Moreover, they are also threatening each other, something we have...

2017-01-11 Nour Eldeen Al-Hammoury Read more
chinese data_November 2016

In today’s article, we will take a look at the outcomes of the Chinese Data in addition to a look at the UK inflation data, what does it mean for both central banks (PBoC & BOE) and the effect on the Chinese Yuan and the British Pound of the short term. Positive Chinese Data Contrary to the market expectations, the Chinese data came in ...

2016-12-13 Nour Eldeen Al-Hammoury Read more
forex weekly forecast_China_economic

Earlier today, a collection of economic figures was released from China, which came in line with expectations, leading to a slight impact on the markets. This effect was seen in equities, commodities, and the Fx market. What are those figures and what implications do they have on the PBoC and the global economy? Definitions GDP: Change i...

2016-10-19 Nour Eldeen Al-Hammoury Read more
RBNZ Museum

The US dollar managed to recover last week with most of the gains being attributed to last Friday's payrolls report which managed to revive the dollar bulls. Still, the Japanese yen was the strongest currency last week, gaining 0.52% against the US dollar and emerging as the strongest currency overall. This was followed by the Australian dollar ...

2016-08-08 John Benjamin Read more