UK Economy

Overnight and tomorrow we have a set of data releases that could directly affect the price movement of major currencies. The NZ inflation data is especially interesting since it's only published once per quarter. And investors are really… Read More

There is a substantial amount of market-moving data coming out of Europe tomorrow. The most important is likely to be employment data from the UK. The rate of job seekers is likely to stay at the lowest since the '70s. Half an hour… Read More

Tomorrow is projected to be a very busy day for the pound sterling. We have the release of several important data points that routinely move the market. That's aside from the continuing saga of Brexit, and increasing fears that the UK… Read More

Pound Has Been Under Pressure GBP has been under increasing pressure over recent months as the uncertainty around the Brexit outlook increases. This uncertainty is being driven by the Conservative party leadership contest which is… Read More

This week is going to be important for the pound on an economic front. While the headlines continue to focus on the Tory leadership contest and what that means for Brexit, we can't forget about key economic data. The first of the three… Read More

Tomorrow we get the first major economic data release out of the UK for the week. Thanks to Brexit,  the underlying economic performance and what moves the currency doesn't get as much coverage as it deserves. One of the main indicators… Read More

Britain's economic growth slowed sharply in the fourth quarter of 2018. The yearly growth was the slowest in six years, as Brexit worries and global trade tensions dampened activity. Data showed that the nation’s GDP increased just by… Read More

Employment Rises Despite the ongoing chaos and uncertainty around Brexit, UK labour market conditions remained firm. The latest data, covering the three months to December 2018, showed that the number of people in employment surged by… Read More

The first BOE meeting of the year was a decidedly dovish affair with the BOE keeping rates on hold, as expected. It did, however, sharply revise growth lower amidst ongoing Brexit uncertainty. In one of the largest revisions to… Read More

The Bank of England is in an incredibly frustrating situation. Although it has stated its desire to continue its path of policy tightening, it finds itself being held hostage by the ongoing Brexit negotiations. Until it knows the outcome of… Read More