Analysts at TD Securities note that UK’s June inflation surprised to the downside today, with headline inflation at 2.4% y/y and core inflation at 1.9% (both 0.2ppt below consensus). Key Quotes “Looking at the details, however, the downside surprise shouldn’t derail the expected BoE hike next month as it’s more a matter of steeper discounting in a couple of categories (computer games and clothing) rather than a broad-based deceleration.” “Overnight drama in the House of Commons saw the government survive by just 6 votes a customs union amendment to the Trade Bill. Monday and Tuesday’s votes have shown that parliament now has a working majority for a harder Brexit, and no majority for a customs union.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Technical Analysis: Set-up points to further downfall in the near-term FX Street 5 years Analysts at TD Securities note that UK's June inflation surprised to the downside today, with headline inflation at 2.4% y/y and core inflation at 1.9% (both 0.2ppt below consensus). Key Quotes "Looking at the details, however, the downside surprise shouldn't derail the expected BoE hike next month as it's more a matter of steeper discounting in a couple of categories (computer games and clothing) rather than a broad-based deceleration." "Overnight drama in the House of Commons saw the government survive by just 6 votes a customs union amendment to the Trade Bill. Monday and Tuesday's votes have shown that parliament… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
