The number of individuals seeking unemployment benefits fell last week to 352,000, the fewest since April 2008. The declining numbers added to...
Unemployment Claims Fall to Lowest in Nearly Four Years
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UK July retail sales +0.4% m/m, +3.3% y/y
UK July retail sales came in at +0.4% m/m, +3.3% y/y compared to our forecasts of +0.4% and +2.7% respectively. Seems the market’s median forecasts were a little different though, basically +0.2% and +2.6%. That’s the good news. The bad news is that PSNB came in at £8.016 bln way...
Dollar Pares against the Pound on Home Prices Data
By TraderVox.com Tradervox.com (Dublin) - An industry report has shown that the UK house prices increased in February which has now shoved...
AUDUSD rebounded from 1.0145
Being supported by the lower border of the price channel on 4-hour chart, AUDUSD rebounded from 1.0145, suggesting that the fall from 1.0385...
Why dollar carry trade faces hidden dangers
Most investors agree that it is out there. What is less clear is how big it is, or how worried investors should be about it. The “it” in question is the dollar carry trade. This is an investment strategy that has recently been extremely profitable and as a result has become increasingly...
BOE’s Tucker: Medium term economic outlook highly uncertain
Bank of England Deputy Governor Paul Tucker feels, that while surveys have pointed to some improvement in the economy, the outlook remains highly uncertain and may not clear until late autumn. The official says the market is right to assume the BOE would tighten monetary policy when the inflation...