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Categorized | British Pound News

GBP/USD Outlook for the Week Ending September 28th

Major economic events which could impact the trading of the pair GBP/USD for the week ending September 28th are as under:

On Tuesday, In United States, S&P/Case-Shille home price index along with Richmond Fed manufacturing index was released. United States also released its data on consumer confidence while US Federal Reserve’s official Plosser also spoke on economic outlook in Philadelphia.

United Kingdom reported its data on house prices while Bank of England’s official Paul Fisher addressed at an event in London.

On Wednesday, United States published its report on new home sales and MBA mortgage applications while the Energy Information Administration released its inventories data on crude oil, gasoline and distillates. In United Kingdom, data on CBI reports sales was published.

On Thursday, United States will report its data on continuing claims, core personal consumption expenditure, gross domestic product, personal consumption, initial jobless claims, durable goods orders, pending home sales and preliminary benchmark revision to establishment employment. The EIA will also report its data on natural gas supplies. In United Kingdom, data on total business investment, current account and gross domestic product is expected.

On Friday, In United States, data on personal consumption expenditure, personal spending, personal income, purchasing managers’ index and confidence index by University of Michigan will be released. In United Kingdom, data on index of services and consumer confidence survey will be reported.

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