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UK GDP Data Revised Lower, Pound Sterling Ignores it

UK economic growth revised lower

The ONS has revised UK growth for the first quarter of 2017 down a notch blaming the rise in inflation.

May 25,2017

This German Economic Surge “is for Real”

German economy steams ahead

The Ifo index has hit its highest level since 1991 when the measure of German economic sentiment was first introduced.

May 24,2017

The Euro Charges Higher Against Pound and Dollar on Impressive German ifo Index and Eurozone PMI Data

Eurozone PMI data and economic growth

A strong set of Eurozone economic data out on Tuesday, May 23 has added to the pro-Euro theme dominating foreign exchange market trade at present.

May 23,2017

Labour’s Odds of Winning General Election “Shortening by the Hour”

Jeremy Corbyn odds of Labour win cut

Theresa May’s U-turn on capping the so-called “dementia tax”, just four days after releasing the plan in the Conservative election manifesto, has caused the Labour party’s odds of winning the snap election to rapidly shorten.

May 22,2017

Macron’s Trojan Horse to Eurozone Centralisation

Emmanuel Macron Trojan Horse

Emmanuel Macron, France’s new president, wants to give fresh impetus to EMU by establishing a common budget, though only to finance policies that are currently being dealt with elsewhere.

May 19,2017

British Pound Surges on Retail Sales Blowout, 8-Month Best v Dollar, Strong Recovery v Euro

Retail sales British Pound today

Sterling-Dollar has broken above the psychological barrier of 1.30 for the first time since 30 September after this morning's UK Retail Sales release surprised to the upside.

May 18,2017

Pound Off Day's Lows as UK Unemployment Falls, Wages Grow 2.4%

Employment exchange rates data

The focus today for Pound Sterling will remain on UK economic data.

May 17,2017

More Articles …

  1. Labour Manifesto to Give "Significant" Boost to UK Economic Growth say Capital Economics but Taxation Assumptions to be Tested
  2. Pound Sterling Finds no Relief in Consensus-Busting Inflation Data Release
  3. UK Consumer Slowdown Shouldn’t be too Severe
  4. Services PMI Data Jumps, Yet Pound Sterling Won't Budge!
  5. UK Construction Activity Jumps but Impact on Sterling Limited
  6. UK Economic Growth Data for Q1 2017 Disappoints as Hotels and Restaurants see Slower Trade
  7. UK Businesses are now More Confident than they have been Since 2014: Business Barometer
  8. UK Retail Sales Slowdown Might be Over Suggests CBI Data

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