Post Tagged with: "RPI"
Forex Daily Outlook – September 13 2011
In the US FOMC Member Fisher Speaks, and RICS House Price Balance in the UK are the main events lined up. Let’s see what awaits us today. In the US, Federal Budget Balance, monthly report to value the deference between the income and spending of the federal government’s, this month a deficit is predicted from
GBP/USD Outlook – September 12-16
The pound dropped under the global weight and British weakness. The upcoming week is also busy, with key inflation and employment figures. Here is an outlook for these events and an updated technical analysis for GBP/USD. The weakness spans from the services sector to house prices. While members at the Bank of England might be
Forex Daily Outlook – August 16 2011
Building Permits in the US and German Prelim GDP in Europe are the main events lined up. Let’s see what awaits us today. In the US, Building Permit, main measurement to value the ת Annualized number of new residential construction permits that were issued on the previous month, 0.61M is predicted, similar to 0.62M on
GBP/USD Outlook – August 15-19
The British pound weathered the global storm, but had different troubles at home. The upcoming week is very busy, and consists of inflation, employment and the meeting minutes among other events. Here is an outlook for these events, and an updated technical analysis for GBP/USD. Riots in various British cities weighed on the pound. At
GBP/USD Extends Falls on Weaker Inflation
The British pound is retreating as headline CPI inflation fell short of expectations: the annual pace is only 4.2%, lower than 4.5% that was expected. Also other inflation figures fell short. GBP/USD is now just above 1.58, falling from 1.5840 before the release. It already dropped to 1.5780 in the initial reaction. Core CPI dropped under the
Forex Daily Outlook – July 12 2011
FOMC Meeting Minutes in the US and CPI in the UK are the main events lined up. Let’s see what awaits us today. In the US, Trade Balance, report to value the Change on imported and exported services and goods on the passing month, a small decrease is expected from -43.7 billion on June to -44.1
GBP/USD Outlook – July 11-15
Improved economic data didn’t help the British pound. The upcoming week consists of no less important figures: inflation and employment. Here is an outlook for the British events, and an updated technical analysis for GBP/USD. Yet again, the BOE left the interest rate unchanged, as expected now and for a year from now. Manufacturing production
GBP/USD Rally Stops on Weaker Inflation
GBP/USD is halting after some inflation figures for May fell short of early expectations. Headline CPI printed an annual rise of 4.5%, exactly as expected, but Core CPI and the Retail Price Index fell short of expectations. Annual CPI printed 4.5% for a second month in a row. This comes despite a drop in commodity
Forex Daily Outlook – June 14 2011
US retail sales, US PPI and Japan’s rate decision are the main events on this busy day. Let’s see what awaits us now. In the US, Retail Sales measuring the value of manufacturer’s sales indicator of consumer spending increased in April by 0.5% in line with expectations but 0.4% behind the previous month. While Core
GBP/USD Outlook – June 13-17
The pound had a very bad week, and lost a lot of ground. Will this continue? We have key inflation and employment figures now, among other events. Here’s an outlook for the upcoming events and an updated technical analysis for GBP/USD. An improved trade balance deficit helped the pound only marginally. With no move on