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Category: Inflation

House Of Lords Vote To Reject Brexit Bill

The House of Lords voted 358 to 256 against the EU (Notification Of Withdrawal) Bill that is required for Theresa May to trigger Article 50 and begin the exit process. […]

Euro Weakens as Le Pen Wins Latest Poll

Sterling rose almost 1 percent against the euro today, to its highest in two months, after another opinion poll showing far-right French presidential candidate Marine Le Pen gaining ground hit […]

Sterling Continues To Push

Sterling fell against the dollar but made ground versus the euro this morning, before Bank of England Governor Mark Carney and several his chief lieutenants testify in Britain’s parliament. The […]

UK Jobs Data Lower Than Forecast

U.K. unemployment declined and a measure of the number of people in work rose to a record, pushing the labor market closer to “full capacity,” according to the statistics office. […]

UK Inflation Lower Than Expectations

British households kept a tighter grip on their credit cards last month as spending grew at one of the slowest annual rates of the past three years, data showed, adding […]

Pound Edges Up Against Euro

Sterling edged up this morning, extending its winning streak against the euro for a sixth straight day after enjoying a boost from last week’s better-than-expected manufacturing and trade data. The […]

UK Data Better Than Expectations

British manufacturing grew more strongly than expected in December, showing the economy remained resilient to the end of the year despite June’s Brexit vote shock, although 2017 looks like it […]

Pound Gains Against Euro & Dollar

The British pound steadied around $1.25 this morning after a series of swings a day earlier driven by competing signals on the outlook for growth, interest rates and Britain’s withdrawal […]

Sterling/Dollar Traded Above 1.27

Sterling rose to trade above $1.27 for the first time in seven weeks against the dollar, as investors awaited a Bank of England quarterly report that is expected to upgrade […]

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