Pound Rallies on Positive UK GDP Report

[ad_1] POUND STERLING ANALYSIS & TALKING POINTS UK GDP changes grim UK economic outlook. US PCE price index in focus later today. GBP/USD pulls out of oversold territory (RSI). Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD FUNDAMENTAL BACKDROP The British pound found some respite this Friday morning from both the US dollar

UK jobs report expected to show both unemployment and earnings rising

[ad_1] Share: Office for National Statistics will release the UK labor market report at 06:00 GMT on September 12. The Unemployment Rate in the United Kingdom is set to rise to 4.3% in the quarter to July. The UK jobs and wage inflation data could have a strong bearing on the BoE interest

MUFG: UK labour report and US CPI could impact BOE hiking path and GBP

[ad_1] GBPUSD daily MUFG discusses the high possibility that this week’s UK labor report and the US CPI data could influence market expectations surrounding the Bank of England’s (BoE) rate hike. Recent statements from Governor Andrew Bailey and Chief Economist Huw Pill hint at a more dovish stance, which may affect the GBP’s performance in

Dollar gains after mixed jobs report By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo By Karen Brettell NEW YORK (Reuters) – The dollar gained against the euro and Japanese yen on Friday after the August jobs report showed a still strong labor market, despite

Atlanta Fed GDPNow steady at 5.6% after ISM manufacturing report

[ad_1] The Atlanta Fed left its GDP tracker for Q3 unchanged today: After this morning’s releases from the US Census Bureau, the US Bureau of Labor Statistics, and the Institute for Supply Management, an increase in the nowcast of third-quarter real gross private domestic investment growth from 11.8 percent to 12.3 percent was offset by