Post Tagged with: "Public Sector Net Borrowing"
Forex Daily Outlook January 24 2012
BOE Gov King Speaks in the UK and Core Retail Sales in Canada are the main events lined up. Let’s see what awaits us today. In the US, Richmond Manufacturing Index, Manufacturer’s Monthly Survey to rate business conditions such as shipments, new orders etc., rise that shows condition improvements by 3 points up to 6
GBP/USD Outlook January 23-27
GBP/USD was up sharply this week, as the pound gained almost 250 pips, settling in the mid-1.55 range. The upcoming week has six releases including GDP. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD. Unemployment in the UK remains high at 8.4%, making an economic recovery difficult. With a drop in
British Government Posts A High Deficit in November
The British central government and local governments posted a deficit of 15.2 billion in November, a bit less than expected, but five times the deficit seen in October. The current coalition government has vowed to bring down the high debt pile that the UK has. GBP/USD is unchanged at around 1.5725. Also in the UK,
Forex Daily Outlook December 21 2011
Existing Home Sales in the US and MPC Meeting Minutes in the UK are the main events today. Here is an outlook on the market-movers awaiting us In the US, Existing Home Sales, monthly report to value the inhabited houses that were sold on the last month (the previous month (not including new building), rise
GBP/USD Outlook December 19-23
The British pound lost ground against the surging US dollar, but managed to recover somewhat, losing about 100 pips over the course of the week. The upcoming week is quite busy with seven important indicators being released. Highlights include GDP and current account. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.
Forex Daily Outlook November 22 2011
FOMC Meeting Minutes in the US and Public Sector Net Borrowing in the UK are the main events lined up. Let’s see what awaits us today. In the US, Federal Open Market Committee (FOMC) Meeting Minutes, full record of the FOMC’s latest meeting that provides financial conditions visions on interest rates. More in the US,
GBP/USD Outlook November 21-25
The British pound suffered from higher unemployment and the European debt crisis and lost a lot of ground. A revision of Q3 GDP is the highlight of the week. Here is an outlook for the upcoming events and an updated technical analysis for GBP/USD. British inflation dropped to 5%, still far above the official target, but what’s
Forex Daily Outlook – October 21 2011
Public Sector Net Borrowing in the UK and CPI in Canada are the major events this day. Here is an outlook on the market-movers awaiting us. In the US, Narayana Kocherlakota, Federal Reserve Bank of Minneapolis President, is about to speak in Minneapolis. Later in the US, Janet Yellen, Federal Reserve Governor, is due to lecture
GBP/USD Outlook – October 17-21
The British pound reached higher ground, although the ride was very bumpy. The upcoming week provides a view into the decision on QE2, inflation figures and more. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. While the rise in jobless claims was smaller than expected, the unemployment situation remains very
GBP/USD Loses Support on Dovish Meeting Minutes
GBP/USD loses support and and is testing lower ground. This comes after the meeting minutes of the latest rate decision in Britain were quite dovish. While only one member voted for expanding the QE program right now, this option was seriously discussed by other members as well. Adam Posen might not remain alone next month. When