Daily Archives: July 23, 2012

Markets will likely remain focused on Europe at the start of this week but with US durable goods on Thursday and preliminary US Q2 GDP on Friday markets will likely turn their attention back to the US as they continue … Continue reading →

First estimates of euro area Q2 GDP are not released until mid-August and at this stage Lloyds TSB estimate a contraction of around 0.4% across the currency union as a whole. The focus this week will fall on preliminary survey … Continue reading →

Discussion on possible rates cuts in the BoE Minutes did little to hamper GBP performance last week. While GBP weakened against the USD as sentiment softened, GBP continued to make gains against the EUR. For this week the key focus … Continue reading →