Weak pound curbs fall in UK inflation

Source: traxfer.ft.com

UK inflation fell to its lowest since the beginning of 2008 in May, but remained higher than most economists expected


Read more...

  • EUR/USD technicals

    Not much in the way of support until the 20-day MA at 1.3890 but it is the previous low at 1.3800 and the 38.2% retracement at 1.3780 which provide the stronger base. Resistance levels are also scarce until 1.4050/65, a prior high/low...

  • China’s Industrial Output for May rumoured to be higher than expected

    There is a story printed in today’s HK newspaper, Ming Pao Daily, that the upcoming Chinese May Industrial Output number will show growth of 8.9% yoy. If this is true it will be much greater than the median forecast of 7.6% that the market is expecting and should cause a stir in the currency...

  • Market Watch – The Book Of (ELI)

    An Andrew Tan-led company, Empire East Land Holdings, Inc. or ELI in the Philippine Stock exchange caught the market’s attention...

  • Explaining Danica v0.5 optimization choices

    This report gives a more detailed discussion of the optimization trade-offs made for Danica, as compared to the initial announcement. At the same time, it establishes a reference point for future studies of past...

  • FOREX: Ringgit Closes Slightly Lower Against US Dollar

    KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit closed slightly lower against the US dollar today, dealers said. They said the market was nervous on talks that Indonesia's central bank may restrict foreign ownership of short-term debts. However, one of the dealers said the rupiah later regained its...