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Fresh data from the UK painted a mixed economic picture, but the market, in line with the trends of recent days, paid attention only to the positive data.The bright side was a 1.3% increase in retail...
UK retail sales jump 1.3%, GDP contracts by 0.1% US to release PCE Price Index on Friday The British pound is drifting on Friday. In the European session, GBP/USD is trading at 1.2701, up 0.08%.UK...
UK inflation falls to 3.9%, lower than expected British pound declines The British pound has declined on Wednesday. In the European session, GBP/USD is trading at 1.2658, down 0.58%.UK Inflation...
Gold Continues to Move Higher as Traders Await Key U.S. Economic DataGold (XAU) price rose 0.65% on Tuesday as the US Dollar Index (DXY) weakened and Treasury yields went down. Investors are buying...
UK Services PMI accelerates, Manufacturing PMI declines Bailey’s dampens rate cut expectations The British pound is steady on Friday, after posting gains of 1.1% a day earlier. In the European...
UK economy shrinks 0.3% in October Markets price in three rate cuts from the BoE next year EUR/GBP spikes ahead of BoE and ECB announcements tomorrow The UK economy got the fourth quarter off to a bad...
UK GDP contracts by 0.2% US inflation ticks lower Fed makes rate announcement later on Wednesday The British pound is in negative territory on Wednesday. In the European session, GBP/USD is trading at...
A series of macro statistics continue to be published to help build a picture of the economy ahead of the Bank of England's final decision on Thursday. The economy is reported to have lost 0.3% for...
The UK labour market is cooling, showing an increase in claims from claimants. In addition, wage growth is slowing. The data provided further evidence that the UK economy has moved into a new phase of...
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