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  Latest Economics Events

  • US: Factory Orders (MoM): 1.100 % (FXstreet.com: Latest Economics Events)
  • US: ISM Non-Manufacturing: 56.800 (FXstreet.com: Latest Economics Events)
  • MX: Consumer Confidence s.a: 94.000 (FXstreet.com: Latest Economics Events)
  • US: Average Hourly Earnings (YoY): 1.900 % (FXstreet.com: Latest Economics Events)
  • US: Nonfarm Payrolls: 243.000 (FXstreet.com: Latest Economics Events)

Despite the promise of large tax rises, and government spending cuts leading to job cuts, all it takes is a little bit of sunshine and football to make the UK consumer to forget about the coming troubles and to open their wallets…read more

Sterling seems to have run out of the steam created by the unexpected second quarter GDP figures after achieving 5 month highs against the USD… read more

On friday the one release which did make the markets take note was the surprising uplift in UK GDP, surging past the expected 0.6% QonQ increase to 1.1%, catching many by surpirse. There were several mitigating factors for this…read more

After a strong set of retail sales figures gave Sterling a boost yesterday, markets have much to get their teeth into today in determining whether recent indications of a tentative recovery have any legs to them…

This morning we had the retail sales figures for the UK, and they are stronger than expected having been given a boost by the World Cup, in spite of England’s poor showing. The figures have given the Pound a small boost…

BP have just managed to get one PR disaster under control in the Gulf of Mexico, as another pops up with the Americans trying to implicate them in the release of the very resilient Ablesbaset al-Megrahi. America seem intent on pinning all their ills on BP…

…the Pound looks to be under a bit of pressure against the recovering Euro, although it should be steady against the Dollar…

The Pound has risen against the Dollar, and fallen back slightly against the Euro after yesterday’s events, it has also made some headway against the Australian Dollar… read more

Yesterday saw evidence that the UK economic recovery is beginning to feed through into the labour market…read more

The figures have given Sterling a little further boost this morning and it is unlikely that the rest of the days releases will hamper that… read more

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