Tag: UK economic indicators
UK GDP Shrinks in September; Q3 Growth Slows Sharply – Action Forex
The UK economy had a rough month in September, with a contraction of -0.1% compared to market expectations of 0.2% growth. The decline was mainly driven by decreases in manufacturing output and information and...
UK Retail Sales Boost Pound Value – Forex Market Update
The British pound continued to rise on Friday, with GBP/USD trading at 1.3046, up 0.27% for the day. This increase in value is attributed to the stronger-than-expected UK retail sales data for September. Retail...
UK Unemployment Rate for July Matches Expectations at 4.1%
UK Unemployment Rate for July Matches Expectations at 4.1%The latest data released by the Office for National Statistics (ONS) revealed that the UK unemployment rate for July remained steady at 4.1%, in line with...
UK Labour Market Report Analysis | Forexlive
Today, the major currencies are relatively stable, with small fluctuations continuing. Market participants are eagerly awaiting key US data this week, as the European session appears to be a bit quiet for now. Let's...
UK Inflation Data Week Ahead: Market Expectations and Impact on US Numbers
All eyes are on the upcoming US CPI report this week, but before that, the UK will also release its inflation data. Due to base effects, it is expected that the UK's headline annual...
UK July CBI Retailing Sales Report Shows Sharp Decline – Forexlive
The UK July CBI Retailing Sales Report was recently released, showing a sharp decline in sales. This news may have an impact on the economy and the retail sector in the coming months.It is...