UK Construction PMI beats expectations
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Prime Minister, Sterling, UK
- May 3, 2017
- No Comments
UK Construction Purchasing Managers’ Index (PMI) came in better than expectations at 53.1 compared to polls expecting a reading of 52. Tuesday’s stronger-than-expected survey of the manufacturing sector gave the pound some buoyancy in the face of headlines that suggested Britain’s negotiations to leave the EU would be difficult. Today’s figures will help Sterling further. […]
READ MORE
UK PMI better than expected this morning
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- May 2, 2017
- No Comments
Sterling rose briefly on Tuesday after data showed UK manufacturing growth surged to a three-year peak in April, adding to signs that factories are enjoying at least a temporary boost from the pound’s recent weakness. A monthly purchasing managers’ index (PMI) survey for the manufacturing sector rose to 57.3 from 54.2 in March, exceeding all […]
READ MORE
UK Economy grows less than expected
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- April 28, 2017
- No Comments
Britain’s economy grew less than expected in the first quarter of 2017, according to preliminary numbers from the ONS released on Friday. GDP grew by just 0.3% in the quarter, while on an annual basis the figure was 2.1%. Prior to the release economists had forecast 0.4% growth, representing a slowdown from the 0.7% figure […]
READ MORE
Sterling hits 7 month high against dollar
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 27, 2017
- No Comments
Sterling rose around half a percent to 7-month highs above $1.29 this morning, helped by a broader softening of the dollar and polls showing Prime Minister Theresa May on course for a landslide in the early election she has called for June. The pound rose by as much as 4 cents when May announced the […]
READ MOREPound slips against Dollar and Euro
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- April 26, 2017
- No Comments
Sterling dipped versus the dollar and euro today, struggling for direction ahead of first quarter growth numbers due on Friday in a week so far dominated by events in the euro zone. The pound sank to a two-week low versus the euro on Tuesday, as the single currency bounced for a second day following market-favoured […]
READ MORE
Sterling falls against Euro – French Election
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- April 24, 2017
- No Comments
Sterling fell sharply against the euro today as investors favoured Europe’s currency over Britain’s in a wave of relief sweeping financial markets following results of the first round of France’s presidential election. The pound rallied nearly 2 percent last week, hitting four-month highs against the euro, after British Prime Minister Theresa May called for a […]
READ MOREWhat does the general election mean for the pound?
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- April 21, 2017
- No Comments
British PM, Theresa May surprised the markets on Tuesday morning by announcing a snap general election in June. The instant reaction to this was the Pound rising by around 3% across the board, which I am sure many of you were happy to see! Tuesday was, in fact, the best day Sterling has had since […]
READ MOREUK GDP as expected
- Posted by currencies in Brexit, Currency, Economy, EUR, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- March 31, 2017
- No Comments
Sterling slipped against the dollar again, as investors readied for the European Union’s official response to Britain’s letter of exit from the bloc, as well the final verdict on Britain’s economic output last year. EU Council President Donald Tusk will send leaders of the other 27 member states his proposed negotiating guidelines for Brexit talks […]
READ MOREArticle 50 : We wait for the EU response
- Posted by currencies in Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- March 30, 2017
- No Comments
Sterling fell against the dollar, as investors awaited responses from European leaders and considered the forthcoming negotiations between Britain and the European Union, a day after Britain triggered its exit from the bloc. Yesterday, Prime Minister Theresa May formally began to take Britain out of the European Union in a divorce that will test the […]
READ MOREWe trigger Article 50 today
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- March 29, 2017
- No Comments
Sterling slipped to an eight-day low against the dollar today, just hours before Prime Minister Theresa May was due to trigger two years of negotiations to take Britain out of the European Union. Nine months after Britons voted to leave, May will notify EU Council President Donald Tusk that the UK really is quitting the […]
READ MORE
