[ad_1] Barclays revised its projection for Chinese economic growth for this year to 4.5%, from 4.9%. For 2024 analysts at the bank project 4% GDP growth For the current quarter, Q3 2023, Barclays expects GDP at 3.5% As for the People’s Bank of China, the analysts expect an RRR cut of 25bp in the weeks
[ad_1] Share: Late in the New York session, the Pound Sterling (GBP) continued to hold its ground against the US Dollar (USD) after UK’s economy grew more than expected, despite US elevated inflation on the producer side. Hence, the GBP/USD trades at 1.2697, gaining 0.16%. Read More… The Pound Sterling (GBP) seems to
[ad_1] Headlines: Markets: GBP leads, NZD lags on the day European equities lower; S&P 500 futures flat US 10-year yields up 2.2 bps to 4.103% Gold up 0.3% to $1,918.65 WTI crude up 0.6% to $83.33 Bitcoin down 0.1% to $29,392 It was a quiet session as we observed yet another typical summer’s day in
[ad_1] Share: Pound Sterling faces selling pressure despite the UK economy turning out more resilient in June than expected. Upbeat United Kingdom factory data showcase optimism among producers in spite of a highly-inflated price environment. Monthly Industrial and Manufacturing Production data grew by 1.8% and 2.4% in June, respectively. The Pound Sterling (GBP) seems to
[ad_1] UK GDP continues to display resilience in 2023 ahead of next weeks inflation data. A drop in inflation coupled with todays GDP print could see the Bank of England pause in September [ad_2] لینک منبع : هوشمند نیوز
[ad_1] © Reuters. Investing.com – The U.S. dollar steadied in early European trade Friday in the wake of the latest consumer inflation release, while sterling bounced after stronger-than-expected U.K. growth data. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, edged lower to 102.350 but remains
[ad_1] GBP/USD Prices, Charts, and Analysis The UK economy grew by 0.2% in the second quarter. The economy is estimated to have expanded by 0.5% in June. Recommended by Nick Cawley How to Trade GBP/USD The UK economy expanded by a better-than-expected 0.2% in Q2, beating forecasts of zero growth, while the economy grew by
[ad_1] GBP PRICE, CHARTS AND ANALYSIS: GBP/USD Bulls Return as Cable Retests the 1.2750 Mark in Early European Trade. Choppy Price Action May be Down to Seasonality as the US CPI and UK GDP Releases are Sorely Needed to Stoke the Volatility and Provide Direction. Eyes on a Potential Range Breakout of the 100-Pip Range
[ad_1] Share: EUR/GBP oscillates around the 0.8604–24 region in a narrow trading band. The German Harmonized Index of Consumer Prices (HICP) came in at 6.5%, as expected. The Bank of England (BoE) policymaker said interest rates were expected to remain high for a longer period. The EUR/GBP pair oscillates in a narrow range around 0.8620 heading into
[ad_1] Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar managed to outperform its major counterparts this past week despite a weak finish on Friday. That followed the nonfarm payrolls report where the headline rate of jobs growth slightly missed expectations. But, a lower unemployment rate and still-strong average hourly earnings meant
