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
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
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
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
FOMC_Yellen

Following a busy start to the first week of July, economic data from most of the developed economies take a back seat. Inflation will remain the key theme this week as the US will be reporting on the June consumer price index data. The Fed Chair, Janet Yellen will also be giving her semi-annual testimony to the Congress. In Canada, the markets ...

2017-07-26 John Benjamin Read more
Uk Inflation_BoE

Traders will be cautious on the British pound this week as the UK's Office for National Statistics (ONS) will be reporting on the monthly inflation and jobs report alongside the retail sales numbers on Friday. The economic reports, especially inflation and jobs will stand out given that these will be the fresh reports after last week's Bank of ...

2017-02-14 John Benjamin Read more
UK PMI_UK BoE

The markets opened on Monday on a subdued note with Japan's GDP data coming out in the early hours. Growth in Japan remained flat in the second quarter, missing estimates of a 0.20% increase and lower than Q1's GDP growth rate of 0.50%. On a yearly basis, Japan's GDP growth slowed to 0.20%, down from 1.90% annual growth rate seen in the first qu...

2016-08-22 John Benjamin Read more