uk economy

ukThe UK's economic activity as measured by the manufacturing, construction and services sector showed that businesses were struggling to hire. Based on the monthly reports, the UK's economy was seen to be on track to post a 0.4% quarterly growth in the current quarter. However, this would match the same pace of growth that was registered in ...

2018-09-13 John Benjamin Read more
UK Manufacturing

Two separate gauges of U.S. activity, measured across manufacturing and non-manufacturing sectors showed a moderation in March after posting steady gains previously. The Institute of Supply Management’s manufacturing PMI was registered at 57.2 in March, down from 57.7 in February while the non-manufacturing PMI was registered at 55.2, down from...

2017-04-06 John Benjamin Read more
Services PMI's_2102

USD Strikes Again After a long weekend, the US Dollar came back earlier today during the Asian session with another strike, rising above 101.0, reaching as high as 101.20’s until this report is released. The Japanese Yen is the biggest loser in Asia, declining around -0.52% followed by the Kiwi, while the Euro and the British Pound are sligh...

2017-07-26 Nour Eldeen Al-Hammoury Read more
UK PMI

The first day of the week comes with few economic releases across the board, whether in Asia, Europe, and the US. However, volatility is still on the rise as Trump took office. Yet, the US equities seem to be unhappy with the new administration, while the US Dollar kept on declining but stabilized above 100.0 barrier, which should be watched car...

2017-01-24 Nour Eldeen Al-Hammoury Read more
UK Manufacturing

After a series of economic releases across the board for the manufacturing sector yesterday, from the Euro Zone, UK and the US, another day comes with further economic releases which set to have a notable impact on the markets. Today, all eyes will be headed toward the Services sector in the Euro Zone, as we will be waiting for the Services PMI’...

2017-01-04 Nour Eldeen Al-Hammoury Read more
Retail sales US

After a long week full of economic releases last week, another week comes in with a busy start, beginning with the Italian Constitutional Amendment Vote. Today, there are a bunch of economic figures will be released during the European and the US session which set to have a notable impact on the markets, in addition, the US Jobs Report impact is...

2016-12-05 Nour Eldeen Al-Hammoury Read more
Chinese Yuan_0112

During the Asian session today, there were a collection of economic releases from China, which had a notable impact on the markets. This is aside from the impact of the historical decision by OPEC and Non-OPEC members to cut the oil production for the first time since 2007, leading to a sharp rally in Crude Oil prices by more than 8% in few hour...

2016-12-01 Nour Eldeen Al-Hammoury Read more
pound on flag

The markets opened on a quiet note this week with the US markets closed on account of the Independence Day holiday. Trading was fairly quiet on Monday, with a focus on Australia. The weekend elections saw no clear winner emerge, quickly prompting ratings agencies to swoop down with warnings. Standard and Poors Global ratings said that the Austra...

2016-07-08 John Benjamin Read more