August 28th, 2018
By Ricky Bean
The headline release from the UK on Friday was the UK finance mortgage approvals for July. Last month, British banks approved 39,584 mortgages, which was a drop from a...
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August 24th, 2018
By Ricky Bean
It was another quiet day in the UK for economic data, with the CBI distributive trades survey the only release on the schedule. The survey showed strength in the high...
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August 23rd, 2018
By Ricky Bean
The pound managed to push through the $1.29 barrier for the first time for more than two weeks on Tuesday and continued to climb yesterday. It is important to note that...
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August 22nd, 2018
By Ricky Bean
There was some good news for the UK yesterday, as the UK’s public sector net borrowing figures came in better than expected, by showing a budget surplus of £2...
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August 21st, 2018
By Ricky Bean
With no economic data releases on the schedule and MPs still on their summer recess, it was an extremely quiet start to the week yesterday for the UK. Still, the pound...
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August 20th, 2018
By Ricky Bean
Sterling remained under pressure on Friday, losing further ground against the euro, but made some slight gains against a weak US dollar. Sterling remains close to the...
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