Tag Archives: bank of england

UK labour market – Start of an Improvement? Consumer Confidence – Another Warning?

Posted on March 14, 2011 by

Fundamental Forecast for British Pound is Bearish. GBPUSD: Selling Opportunity Sought on Trend Line Break. UK House Prices Improve as Forecast, Retail Sales Slump. Core Wholesale Inflation Unexpectedly Weakens in February. Bank of England Keeps Rates, Asset Purchases on Hold. … Continue reading →

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Will We See UK GDP Growth To Be Revised Higher This Week?

Posted on February 21, 2011 by

In the United Kingdom, the BoE Minutes on Wednesday can potentially be quite a big market mover. At present, SONIA March MPC trades at 54.5 – i.e. an 18% probability for a 25bp hike next month. At the January meeting, … Continue reading →

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Will UK GDP/ Economic Growth be the Driver for Sterling (GBP) This Week?

Posted on January 24, 2011 by

Two things are of particular interest in the UK next week: Q4 GDP numbers and the Bank of England Minutes. UK data has surprised on the upside recently in general and Danske think the economy expanded further in late 2010. … Continue reading →

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