Post Tagged with: "Manufacturing Production"
British Manufacturing Production Jumps, Trade Balance Deficit Shrinks
Manufacturing production in the UK dropped jumped by 1%. Early expectations stood on a rise of 0.3%. Trade balance was expected to remain almost unchanged, with the deficit moving down from 8.6 to 8.5 billion pounds. It squeezed to 7.1 billion. These are good news. GBP/USD ticks up. GBP/USD already relaxed from its highs above 1.59
Forex Daily Outlook February 9 2012
Unemployment Claims in the US and MPC Rate Statement in the UK are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, The number of individuals who filed for unemployment insurance over the last week, is due to rise up from 367K to 390K. More in the US, Wholesale Inventories,
GBP/USD Outlook Feb. 6-10 2012
The British pound rally against the dollar slowed this week, with the pound gaining slightly against the greenback, closing the week at the 1.58 level. The upcoming week has seven releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The Purchasing Managers’ indices in the UK were generally better than expected in January, and an official
Forex Daily Outlook January 12 2012
US retail sales and Unemployment claims are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, important indicator to value the unemployed that are looking for jobs over the last month, rise of 1K is predicted up to 373K. More in the US, Retail Sales, Key consumer spending gauge, expectds
GBP/USD Outlook Jan. 9-13
GBP/USD started the week with a move upwards, and closed in on the 1.57 level. It then fell sharply, breaking below the 1.54 level, before recovering slightly. The upcoming week is a busy one, with seven releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The pound continues to show weakness against
Forex Daily Outlook November 7 2011
Manufacturing Production in the UK is the main event today. Here is an outlook on the market-movers awaiting us In the US, Crude Oil Inventories, weekly report to value the crude oil barrels in commercial company’s inventory, is about to by remain 3.9M similar to the last week. More in the US, Consumer Credit, expected
GBP/USD Outlook December 5-9
The British pound enjoyed the optimism that came from the coordinated central bank action. Will it break even higher? The upcoming week is very busy, with the rate decision being the highlight. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. The housing sector is relatively stable: this was seen in
Forex Daily Outlook November 8 2011
Manufacturing Production in the UK and Housing Starts in Canada are the main events lined up. Let’s see what awaits us today. In the US, Charles Plosser, Federal Reserve Bank of Philadelphia President, is about to lecture in Philadelphia More in the US, Narayana Kocherlakota, Federal Reserve Bank of Minneapolis President is due to speak
GBP/USD Outlook November 7-11
The British pound couldn’t escape the debt crisis in continental Europe and slid lower in an exciting week. The upcoming week is very busy, with the rate decision being the star of the show. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. Britain enjoyed some nice growth in Q3, but
Forex Daily Outlook – October 11 2011
ECB President Trichet Speaks in Europe and Manufacturing Production in the UK are the main events lined up. Let’s see what awaits us today. In the US, Investor’s Business Daily (IBD) Techno Metrica Institute of Policy and Politics (TIPP), Economic Optimism, Survey (900 consumers) to rate the financial conditions economic outlook for the 6-month, a