What would ‘Brexit’ from the EU look like?

David Cameron’s electoral triumph has brought the prospect of a British withdrawal from the EU one step closer. The prime minister has vowed to reshape Britain’s ties with Europe before putting EU membership to a vote by 2017. But what would “Brexit” – a British exit from the 28-nation EU – look like? Eurosceptics argue that withdrawal would reverse immigration…

UK Q1 GDP growth expected to have slowed to 0.5%

George Osborne’s stewardship of the economy is expected to take a dent on Tuesday when the latest official figures show last year’s healthy growth has lost momentum. With just over a week until the election, the chancellor will come under pressure from critics following a run of poor figures from the manufacturing and construction sectors that City economists predict have slowed growth in the first quarter…

UK 4th quarter GDP slows to 0.5% but annual growth highest since 2007

Britain’s economic recovery slowed in the fourth quarter of 2014, but annual growth was the fastest since the financial crisis of 2007. With 100 days until the general election, evidence of a slowdown and continued reliance on consumer spending to drive the recovery will come as blow to George Osborne. But the chancellor seized on news that, at 2.6% in 2014, the UK’s growth was the “fastest of any major economy”. That also marked the strongest growth since 2007…

UK Retail Sales | December 18, 2014 | Currency Trading

UK Retail Sales is expected to come in at 0.4% and we’ll be looking for a minimum deviation of about 0.5%. Considering BOE probably won’t hike interest rates until November of 2015 (according to market speculation), we should see overall bearish tone in the GBP… 4:30am (NY Time) UK Retail Sales Forecast 0.3% Previous 0.8% […]

BOE slashes forecasts, hits the brakes on rate hike in November Inflation Report

Overview of the Inflation Report November 2014 The expansion in UK domestic demand has continued. But the outlook for global growth has weakened. Some asset and commodity prices have fallen, as have market interest rate expectations. Growth is projected to be a little weaker than in August. It slows slightly in the near term, settling […]

Top 10 Weekly Forex Market Headlines – 10.24.2014

1. Fed likely to end QE at October meeting despite global slowdown October 20, Federal Reserve officials are taking a steady-as-she-goes stance as they prepare for their policy meeting this month, even though market volatility and uncertainties about the global economic outlook have rattled investors in recent weeks and led to some mixed messages from […]

Daily Forex Market Review 06/06/14 (+45 pips)

Today’s Trade Result: +45 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Daily Forex Market Review 05/22/14 (+52.5 pips)

Today’s Trade Result: +52.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

Daily Forex Market Review 04/29/14 (+77.5 pips)

Today’s Trade Result: +77.5 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

UK Q1 prelim GDP q/q +0.8%, slightly below forecast of +0.9%

Britain’s economy picked up pace in the first quarter of this year but not quite as fast as economists had been expecting. The Office for National Statistics said on Tuesday that GDP expanded by 0.8% in the first quarter after 0.7% growth in the final three months of last year. That was below economists’ forecast of 0.9%, according to the consensus in a Reuters poll…

Daily Forex Market Review 04/14/14 (+90 pips)

Today’s Trade Result: +90 pips July 2013: +160 pips June 2013: +336 pips May 2013: -50.5 pips April 2013: +851.5 pips March 2013: +327.5 pips February 2013: +127.5 pips January 2013: +1107.5 pips December 2012: +29 pips November 2012: +35.5 pips October 2012: +259.5 pips September 2012: +112.5 pips August 2012: +365.5 pips July 2012: […]

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