Archive: October2015

Euro zone CPI and Fed’s Core PCE Price Index on Radar

30 Oct 2015
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UK’s consumer morale was the weakest in four months for October, according to a survey released earlier today, signalling that consumers were cautious about the nation’s ability to withstand a global downturn. Despite the disappointing repo…

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Dollar slips back as GDP numbers shrugged off

29 Oct 2015
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United States Dollar: The dollar has given up some of its post FOMC gains and opens lower vs. both GBP and EUR. GBP/USD trades at 1.5340 this morning. It fell to a low of 1.5245 yesterday following the release of US Prelim GDP data. The data wasn&…

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Dollar slips back as GDP numbers shrugged off

29 Oct 2015
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United States Dollar: The dollar has given up some of its post FOMC gains and opens lower vs. both GBP and EUR. GBP/USD trades at 1.5340 this morning. It fell to a low of 1.5245 yesterday following the release of US Prelim GDP data. The data wasn&…

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US Q3 GDP Expected to Show a Sharp Slowdown

29 Oct 2015
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As markets digest the more hawkish than expected FOMC policy statement, all eyes will now be on the advance estimate of US economic growth for the third quarter scheduled later in the day. The GDP data is expected to be more downbeat, with growth proje…

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Fed’s Policy Meeting Today

28 Oct 2015
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The US Federal Reserve (Fed) is expected to again put off raising interest rates at the conclusion of the FOMC’s two day monetary policy meeting today, with the key points of US data recently having signalled slow economic growth for the third qu…

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Aussie and kiwi fall as inflation data prints weaker than expected

27 Oct 2015
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United States Dollar: Prelim GDP from the UK printed weaker than expectations on Tuesday. The data showed that GDP expanded 0.5% in the three months to September vs. forecasts for 0.6%. Although the services component of the data was positive it …

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UK Economy Third Quarter Performance

27 Oct 2015
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The first reading of UK’s performance for the third quarter, released just now, revealed that the domestic economy expanded at a weaker than expected pace, stumped by China’s downturn, a construction slump and ailing manufacturers. However,…

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Dollar falls back as traders eye FOMC statement

26 Oct 2015
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United States Dollar: The dollar weakened yesterday, retracing after a few days of solid gains. There wasn’t much to go on but New Home Sales from the US printed worse than market expectations yesterday, falling 11.5% in September to an annual…

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Dollar falls back as traders eye FOMC statement

26 Oct 2015
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United States Dollar: The dollar weakened yesterday, retracing after a few days of solid gains. There wasn’t much to go on but New Home Sales from the US printed worse than market expectations yesterday, falling 11.5% in September to an annual…

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BBA Says Fewest Mortgage Approvals Since May

26 Oct 2015
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The just out publication showed that the number of home loan approvals in Britain last month was the fewest since May this year, but the figures were high enough to suggest that customers continued to take advantage of low borrowing rates. Moving ahead…

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