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👤Isaac Ndegwa
🕔August 18, 2016
The UK retail sales data are due on Thursday 18th August. The nation often referred to as the nation of shopkeepers in the 80s has made the reverse and is now looking more like the nation of shoppers. Today, the retail sales figures will give a hint as to where Britain now falls after the Brexit anagram.…
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👤Arthur Greene
🕔August 16, 2016
- Inflation data signals hope for the UK economy
- BoE still likely to perform further easing
On Tuesday, the Pound sterling gained as it climbed from 3 year lows against the euro and rose further away from a 5 week channel it formed against the dollar, the GBP mostly gained its strength from the higher than expected inflation data.…
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👤Lisa Harris
🕔August 10, 2016
- UK and EU hit by bond scarcity
On Tuesday the UK gilt yields and bond benchmarks in Ireland and Spain collapsed to an all-time low, in the wake of the Bank of England’s decision to restore quantitative easing.…
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👤Arthur Greene
🕔August 9, 2016
- More fundamental troubles for the UK Economy
- Ian McCafferty instigates new low for the GBP
The GBP today dropped 0.5% to settle at a fresh 1 month low against the USD after falling consecutively for 5 days, the slump although a negative development made the GBP today’s most active currency in the market.…
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UK GDP Comes in Weaker
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👤Nurudeen Amedu
🕔August 9, 2016
- Recession inevitable for the British economy
- NIESR estimations remain in the red
The UK’s economic growth came in 50% lesser for the last three months when compared to the preceding 3 months, according to an analysis conducted by one of the UK’s most respectable think tank; the National Institute of Economic and Social Research (NIESR).…
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Market Reels from BOE Stimulus
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👤Nurudeen Amedu
🕔August 5, 2016
The pound turned sharply lower Thursday after the Bank of England cut interest rates for the first time in seven years and announced a fresh round of stimulus measures intended to mitigate the effect of the U.K’s decision to leave the European Union.…
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👤Nurudeen Amedu
🕔August 3, 2016
- NIESR have disturbing revelations for the future of the UK economy
- Brexit strikes again
According to figures released today, activity in the UK manufacturing sector experienced a major slump in in July. The CIPS/Markit UK manufacturing PMI fell by 8% from its July value of 52.4, as it reportedly came in at 48.2, the results have currently raised the pressure currently mounted on the Bank of England to cut interest rates in their meeting on Thursday.…
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GBP/USD: Regaining back momentum after manufacturing data dropped
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👤Xinyang
🕔August 1, 2016
Fundamental brief overview
U.K. manufacturing PMI disappoints further, causing a temporary fall in GBP/USD. The seasonally adjusted Markit/CIPS PMI in the United Kingdom fell to 48.2 in July 2016 from 52.4 in June and below the earlier flash estimate of 49.1.…
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UK GDP Surprises Market
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👤Lisa Harris
🕔July 27, 2016
- UK GDP raises more questions
The UK GDP today shocked investor as it exceeded analysts’ forecast by rising 0.6% in the second quarter, reflecting a stronger UK economy before the Brexit, although the figure also includes 1 week after the Brexit.…
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👤Arthur Greene
🕔July 26, 2016
- Martin Weale talks about stimulus for the UK economy
- The UK might be heading for recession
The GBP slumped swiftly amidst damning report on business confidence on Friday as the fears about the British economy after the UK referendum gained a lot of attention.…
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