uk retail sales

Economic data from the UK last week covered the unemployment, inflation and retail sales. Data showed that the UK's unemployment rate fell to a 43 year low of 4.0%. However, wage growth remained sluggish. Meantime, inflation was seen rising for the first time this year to 2.5% in July. The increase in inflation came after the BoE's rate hike ...

2018-08-23 John Benjamin Read more
forex week ahead

The markets look to a relatively quiet trading week as far as scheduled economic events are concerned. The news from the UK will, of course, dominate the headlines in an otherwise quiet week. Data from the UK will cover the inflation and the jobs report. This comes following last week's preliminary GDP release. Elsewhere, the labor market ...

2018-08-13 John Benjamin Read more

The economic calendar for the week ahead turns somewhat busy with lot of economic reports due from the world's major economies. Kicking off the week, China will be reporting on its quarterly GDP figures. The data comes following last week's strong surge in producer prices. However, with the U.S. trade tariffs uncertainty, the economy is expec...

2018-07-16 John Benjamin Read more
uk inflation

The latest inflation figures from the UK showed that consumer prices fell for the second consecutive month on an annual basis in April. The declines in consumer prices came on the back of the exchange rate and consumer prices fell quicker than the median estimates. Data released by the UK’s Office for national statistics (ONS) showed that the...

2018-05-30 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
UK Inflation expected to remain steady

Consumer price index data for the month of December will be the major data point coming out of the UK next week. However, consumer prices in the United Kingdom are expected to remain elevated above 3.0% for possibly the fourth consecutive month. Due to this UK Inflation expected to remain steady. Data from the UK's Office for national statist...

2018-01-18 John Benjamin Read more
Brexit Bill faces defeat

Brexit Debacle Keeps Market Guessing Fluctuating headlines around the ongoing Brexit negotiations continue to be a source of volatility for the market, as investors clamber to react to the changing status of Theresa May’s withdrawal campaign. After securing a compromise with the DUP last week over the highly sensitive Irish border issue, the la...

2018-03-12 James Harte Read more
UK inflation rate remains flat

Last week’s economic data for the UK was a mixed bag. While inflation remained broadly flat compared to the previous month, wage data indicated worrying signs as employment numbers fell. This comes amid a SME survey result indicating that businesses were preparing to cut their overhead costs to keep up with the price increases. Brexit led unc...

2018-02-06 John Benjamin Read more
BEIJING, CHINA - SEP 17, 2017 : The photographs of Mao Zedong, Zhou Enlai and Liu Shaoqi at Wangfujing shopping area

The markets open next week with the focus on China as the 19th Communist Party congress takes place this week. The event, where President Xi is expected to speak comes in a week where inflation and quarterly GDP figures are expected to be released. It will also be a busy week for the British pound which will see the monthly inflation figures an...

2017-10-22 John Benjamin Read more
BoE_Sterling_GBP

For the 2nd time in almost one year, the EUR/GBP exchange rate attempts and fails to hit the headline-grabbing parity level 1-1.  During the Eurozone crisis, a popular opinion backed the euro to fall towards the GBP 0.50 level.  After the Brexit referendum, popular views shifted towards expecting GBP 1.0 per one euro. But EURGBP is down 5% this ...

2017-10-22 Ashraf Laidi Read more