The global situation and the Year's End

Posted on 2016-12-29 15:06   Tags: FED   USD   Brexit   Pound   Jobs   Trade   EUR  

The US Dollar has still shown a significant improvement in its price, although it has declined in the past two weeks and the US existing Home sales fell due to high mortgage rates. However, the crude oil jumped to $54 and has now made its way to its highest peak in the past 17 months all the while the Asian stock markets remained calm. The Wall Street stocks likewise dropped with the rise in US Dollar prices.

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GBP - Do these three surveys impact the Great Britain Pound

Posted on 2016-12-09 13:28   Tags: GBP   Sterling   Pound   Balance   Trade  

The office of National Statistics (UK) releases a Goods Trade Balance report on a monthly basis, which usually measures the difference between the number of exports over the imported items. The usual effects of this report are good for the underlying currency if they indicate that more goods are exported than are imported.  

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Currency watch outs - GBP & EUR

Posted on 2016-12-08 13:46   Tags: Pound,   EUR,   Rates  

Looking at the current industrial production data of UK manufacturing sector, we can easily spot a decline of 1.3 % m/m which is the biggest drop-off in its previous four years history, despite experts suggesting a 0.2% increase.

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