May 9th, 2018
By Ricky Bean
In further signs that UK consumer confidence is waning, UK house prices fell by 3.1% last month to post the biggest monthly decline since September 2010. It is worth...
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May 8th, 2018
By Ricky Bean
New car sales in the UK in April surged by 10.4% compared with the same month last year, but there were reasons for this which dampened the release somewhat. The...
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May 4th, 2018
By Ricky Bean
The pound weakened against the euro and dollar yesterday following the release of the UK services PMI data, although it ended up recovering against the greenback....
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May 3rd, 2018
By Ricky Bean
After the release of the disappointing UK manufacturing PMI data on Tuesday, attention turned to the construction sector. In March, it shrank to 47 which was largely a...
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May 2nd, 2018
By Ricky Bean
Another day, another underwhelming economic data release from the UK. GBPUSD tumbled following the release which showed the weakest pace of expansion in the...
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May 1st, 2018
By Ricky Bean
Reduced expectations of a May rate hike have depreciated the pound since the end of last week. When HSBC announced it expected no further interest rate rises this year...
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