Archive: August2015

Risk off again as Chinese data points to further slowdown

31 Aug 2015
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United States Dollar: It was a bank holiday in the UK yesterday and although trading conditions were a bit thinner it didn’t mean that markets were any less volatile. US stocks lost ground again, a reaction in part to some fairly hawkish comme…

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Risk off again as Chinese data points to further slowdown

31 Aug 2015
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United States Dollar: It was a bank holiday in the UK yesterday and although trading conditions were a bit thinner it didn’t mean that markets were any less volatile. US stocks lost ground again, a reaction in part to some fairly hawkish comme…

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Revised UK GDP Estimate in Line With Expectations

28 Aug 2015
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The just out revised GDP data confirmed that Britain’s economy expanded in line with preliminary estimates for the second quarter, buoyed by healthy growth in total business investments and private consumption. Moving ahead, Sterling investors wi…

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Dollar bounces as US GDP revised up

27 Aug 2015
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United States Dollar: Those hoping for a September rate hike from the Fed got a fillip yesterday as the second estimate of Q2 US GDP was revised upwards from 2.3% to 3.7%. The improved figure was above the 3.2% analysts had pencilled in and cable dro…

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Dollar bounces as US GDP revised up

27 Aug 2015
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United States Dollar: Those hoping for a September rate hike from the Fed got a fillip yesterday as the second estimate of Q2 US GDP was revised upwards from 2.3% to 3.7%. The improved figure was above the 3.2% analysts had pencilled in and cable dro…

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UK House Price Growth Slows in August

27 Aug 2015
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The Nationwide Building Society earlier today reported that UK house prices growth slowed more than market consensus for August, indicating that prices might be stabilizing at the current levels. The annual rate of price growth was the weakest since Ju…

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UK House Price Growth Slows in August

27 Aug 2015
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The Nationwide Building Society earlier today reported that UK house prices growth slowed more than market consensus for August, indicating that prices might be stabilizing at the current levels. The annual rate of price growth was the weakest since Ju…

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Chinese stocks recover and dollar rallies

26 Aug 2015
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United States Dollar: The dollar strengthened yesterday as US equity markets recovered and expectations for a September Fed rate hike were pushed back. According to the Fed’s William Dudley yesterday “the decision to begin the normalizat…

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UK Mortgage Approvals Exceed Forecasts

26 Aug 2015
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Across the Atlantic, investor focus will be on durable goods orders figures for July with total bookings expected to have dipped. Later in the day, markets will closely monitor New York Fed president and FOMC voting member, William Dudley’s speech for insights into his views on monetary policy, given the recent events in China.
Just out data from the British Bankers’ Association shows that home loan approvals in the UK rose more than market forecasts for July. Moving ahead, the CBI’s distributive trade survey due in a few hours will be used to gauge growth in retail spending for August, ahead ofupcoming hard data on UK retail sales.

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UK Mortgage Approvals Exceed Forecasts

26 Aug 2015
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Across the Atlantic, investor focus will be on durable goods orders figures for July with total bookings expected to have dipped. Later in the day, markets will closely monitor New York Fed president and FOMC voting member, William Dudley’s speech for insights into his views on monetary policy, given the recent events in China.
Just out data from the British Bankers’ Association shows that home loan approvals in the UK rose more than market forecasts for July. Moving ahead, the CBI’s distributive trade survey due in a few hours will be used to gauge growth in retail spending for August, ahead ofupcoming hard data on UK retail sales.

Read more