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

The markets head into the final week of the third quarter of the year. The economic calendar is relatively light over the course of the week. GDP reports make the major theme as the U.S. and the UK will be reporting on the final revised GDP numbers for the first quarter. Elsewhere, Canada will be releasing its monthly GDP numbers. Data from t...

2018-06-25 John Benjamin Read more
Fed minutes and UK data

The economic calendar for the week ahead is broadly limited to some key themes of Fed minutes and UK data. The FOMC meeting minutes will be coming out on Wednesday which is likely to remain in the spotlight. On the economic front, the UK will see a busy week. Data this week includes the inflation, retail sales and GDP numbers coming up. The d...

2018-05-21 John Benjamin Read more
BoE and RBNZ Meetings

The economic calendar for the week ahead will see the BoE and RBNZ Meetings. The RBNZ’s meeting is due on Wednesday and this comes ahead of the quarterly inflation expectations report earlier in the week. Still the central bank is not expected to hike rates at this month’s meeting. Following on the heels of the RBNZ meeting, the BoE meeting is l...

2018-05-07 John Benjamin Read more
UK first quarter GDP slows

The UK's preliminary report on the first quarter GDP showed that the economy expanded at one of the weakest pace since 2012 in the first three months of the year. The data released by the UK's Office for National Statistics (ONS) showed that GDP expanded at a pace of just 0.1% for the period. [caption id="attachment_50617" align="aligncenter"...

2018-05-02 John Benjamin Read more
ECB and BoJ Meetings

As the markets head into the final week for the month of April, the economic calendar continues to steam ahead with lot of economic releases. Central bank meetings take the spotlight this week with both the European Central Bank and the Bank of Japan lined up. No changes are expected from either of the central bank meetings this week. However...

2018-04-24 John Benjamin Read more
Final GDP releases

The week ahead will see a somewhat slower pace of economic data released accentuated by a short trading week. Most of the markets, including the U.S. and Europe will be closed on Friday on account of the Good Friday holiday. After a busy last week, which saw the Fed hiking interest rates and monetary policy meetings from the Bank of England ...

2018-04-03 John Benjamin Read more
UK GDP stays resilient

Economic data from the UK was mixed last week as both the wage data and the GDP data were released over the week. However, the British pound emerged stronger mostly on the back of weakness in the U.S. dollar.   UK GDP expands at the slowest pace in five years Data from the ONS showed last week that that the UK’s economic expansion fell...

2018-02-06 John Benjamin Read more
UK labor market

The markets this week will be focusing on the UK labor market and the advance GDP report coming out. The data is likely to shift focus back to the fundamentals amid continued developments on the Brexit talks happening in the background. The UK labor market and the GDP data comes following last week's inflation report. Data from the UK's Of...

2018-03-20 John Benjamin Read more
monetary policy meetings

The week ahead will the Bank of Japan and the European Central Bank meetings. Both the monetary policy meetings will come into focus as the previous week's announcement from the BoJ and the ECB's meeting minutes suggested that the central bank could be turning the corner. On the economic front, labor market data will be coming up on Wednesday...

2018-03-20 John Benjamin Read more