Archive: January2015

UK Lending Growth Less Than Expected

30 Jan 2015
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Just out data has shown that net lending to UK consumers for December rose less than expected. However, the GfK survey released earlier today showed that optimism among consumers strengthened for January, as low oil prices kept domestic spending levels…

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UK Lending Growth Less Than Expected

30 Jan 2015
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Just out data has shown that net lending to UK consumers for December rose less than expected. However, the GfK survey released earlier today showed that optimism among consumers strengthened for January, as low oil prices kept domestic spending levels…

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Commodity currencies spiral lower as speculation for CB rate cuts intensifies

29 Jan 2015
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United States Dollar: The greenback strengthened yesterday and cable fell back under 1.51 to a low of 1.5034. Better than expected US Unemployment Claims supported the move. The data showed that claims decreased by 43,000 from the previous weeks re…

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Commodity currencies spiral lower as speculation for CB rate cuts intensifies

29 Jan 2015
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United States Dollar: The greenback strengthened yesterday and cable fell back under 1.51 to a low of 1.5034. Better than expected US Unemployment Claims supported the move. The data showed that claims decreased by 43,000 from the previous weeks re…

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Fed Leaves Stance Unaltered

29 Jan 2015
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In the upcoming trading sessions, a couple of notable surveys in the UK will be watched closely in order to evaluate the morale among consumers following the slowdown witnessed in UK’s economic growth. CBI reported sales figures due later today and tomorrow’s GfK consumer confidence data for the current month will offer clues to UK’s economic climate in early 2015.
With the Fed’s two day policy meeting drawing to an end, yesterday’s post-policy statement revealed no material change in the central bank’s stance. However, the central bank noted that inflation expectations had “declined substantially”, while it reaffirmed that inflation would rise gradually towards the 2% target. Meanwhile, focus shifts to Inflation figures from Germany in order to decipher if the Euro zone’s largest economy managed to dodge deflation in January.

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FOMC language changes but statement ultimately fails to surprise

28 Jan 2015
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United States Dollar: GBP/USD ticked higher yesterday morning and traded to a high of 1.5219. Investors were busily re-positioning ahead of the FOMC announcement that evening and as the afternoon passed GBP/USD eventually settled lower. Before the …

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All Eyes on Today’s US FOMC Meeting

28 Jan 2015
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Amid a light day in terms of economic releases, the Pound is trading in a tight range against the greenback this morning. With yesterday’s GDP showing that economic growth in the UK missed market estimates for the last quarter of 2014, Sterling t…

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All Eyes on Today’s US FOMC Meeting

28 Jan 2015
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Amid a light day in terms of economic releases, the Pound is trading in a tight range against the greenback this morning. With yesterday’s GDP showing that economic growth in the UK missed market estimates for the last quarter of 2014, Sterling t…

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New Greek cabinet announced as Eurozone CPI data comes into focus

27 Jan 2015
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United States Dollar: The first estimate of UK Q4 GDP was released yesterday with both the quarterly and annual figures both undershooting what the markets were expecting. The quarterly reading printed 0.5% a little lower than the 0.6% consensus with…

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Britain’s Economic Recovery Decelerates

27 Jan 2015
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The preliminary UK GDP data this morning showed that economic growth expanded at a slower than expected pace for the last quarter of 2014. Consequently investors’ expectations of an early interest rate rise in the UK have diminished. Separately, …

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