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Tag Archive | "GBP/USD"

GBP/USD Outlook for the Week Ending June 15th


Major economic factors to affect the trading of the pair GBP/USD for the week ending June 15th, 2012 are as follows:

On Monday, United Kingdom came up with data on employment confidence. In United States, US Federal Reserve’s officials, Lockhart and Williams gave an address on US economy in Chicago and San Francisco respectively.

On Tuesday, United States came up with data on import price index, NFIB small business optimism and economic optimism. US monthly budget statement was also presented while the US Fed’s official Tarullo spoke on shadow banking in San Francisco. In United Kingdom, data on industrial production and manufacturing production was produced along with gross domestic product growth rate.

On Wednesday, In United States, several reports will be published including data on MBA mortgage applications, advance retail sales, producer price index and business inventories. The Energy Information Administration is also expected to report its inventories report on crude oil, gasoline and distillates.

On Thursday, In the United States, data on initial jobless claims, current account balance, continuing claims, consumer price index and natural gas supplies data by EIA will be published. On Friday, United States will come up with data on long term TIC flows, manufacturing data, capacity utilization, industrial production and confidence index by University of Michigan while in United Kingdom, data on trade balance will be published.

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GBP/USD Outlook for the Week Ending May 25th


Major economic events to affect the trading of pair GBP/USD for the week ending May 25th, 2012 are as under:

On Monday, United States released its Chicago Fed’s Nat Activity index while US Federal Reserve’s official Lockhart addressed at event in Tokyo regarding the direction of the US monetary policy. In United Kingdom, data on Rightmove house prices was reported.

On Tuesday, In United States data on existing home sales was published while Richmond’s Federal Reserve released its manufacturing index. In United Kingdom, data on consumer price index, retail price index, public sector borrowing, public finances and house prices was published.

On Wednesday, in United States, data on house price index, retail sales, mortgage applications and new home sales will be published. The Energy Information Administration will also release its weekly report on crude oil, gasoline and distillates inventories. US Federal Reserve’s official Kocherlakota will address at an event in South Dakota will be closely monitored by traders. Canada is expected to release its official data on retail sales and index of leading economic indicators.

In United Kingdom, data on Trends total orders and selling prices will be reported while the Bank of England will release the minutes of its latest monetary policy meeting.

On Thursday, United States is expected to release its data on durables goods orders, weekly data on initial jobless claims, continuing claims and manufacturing activity index by Kansas City’s Federal Reserve. Energy Information Administration is also expected to release data on natural gas supplies.

In United Kingdom, several economic indicators will be released including, data on exports & imports, total business investment, government spending, index of services, gross fixed capital formation, private consumption, retail sales, gross domestic product and data on BBA loans for house purchase.

On Friday, United States is expected to come up with its University of Michigan’s index.

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GBP/USD Outlook for the Week Ending May 11th


Weekly outlook for the pair GBP/USD for the period ending May 11th is as follows:

Yesterday, in United States, data on consumer credit was reported. On Tuesday, United States published its data on NFIB Small Business Optimism and TIPP economic optimism while US Federal Reserve’s officials Lacker and Fisher addressed on monetary policy and US economy at separate events. United Kingdom reported its data on employment confidence, house price balance, and BRC shop price index.

On Wednesday, United Kingdom will publish the report on BRC sales while United States will release several reports including data on MBA Mortgage approvals, wholesale inventories, and supplies data on crude oil, gasoline and distillates by the Energy Information Administration. Further, US Fed’s official Plosser and Pianalto are expected to speak in Philadelphia and Lexington respectively.

On Thursday, in United Kingdom, data on trade balance, manufacturing production and industrial production will be published. Moreover, the Bank of England will release figures on its asset purchase target and key interest rate decision. UK will also release it gross domestic product estimate.

In United States, official figures on weekly initial jobless claims, continuing claims, import price index, monthly budget statement and natural gas inventories data by EIA will be published.  Federal Reserve’s official Kocherlakota will address on monetary policy in Minneapolis on Thursday which will be closely watched to assess the future direction of the monetary policy.

On Friday, United Kingdom is expected to publish its report on producer price index on Friday. In United States, data on producer price index and University of Michigan’s index on consumer confidence will be reported

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Weekly Outlook for the Pair GBP/USD


List of significant events which have major affect on the trading of the pair GBP/USD for the week ending December 30th, 2011 is as follows:

On Monday, markets in the United Kingdom and United States remained closed in observance of the Boxing Day Holiday.

On Tuesday, December 27th, 2011, industry data on house price inflation will be released in United States. Moreover the data on consumer confidence and manufacturing activity in Richmond will also be published in United States. In United Kingdom, markets will remain closed in observance of post-Christmas bank holiday.

On Wednesday December 28th, 2011, United States will publish its treasury currency report.

On Thursday December 29th, 2011, United States will publish several reports which will include weekly report on initial jobless claims, industry data on pending home sales, data on crude oil inventories and industry data on business conditions in Chicago area.

On December 30th, 2011, United Kingdom will release its report on house price inflation published by Nationwide Building Society.

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Economic Events to Affect the Trading of the Pair GBP/USD


Following are the main economic events that could have a significant effect on the trading of the pair GBP/USD for the week ending December 16th, 2011.

On Monday, government data on federal budget balance was reported in United States. On Tuesday, December 13th, 2011, official data on retail sales will be published in United States while US Federal Reserve will release its federal funds rate.

In United Kingdom, official data on consumer price inflation will published along with data house price inflation.

On Wednesday December 14th, 2011, official data on employment, claimant count change, unemployment rate and average hourly earnings will be released in United Kingdom. In United States, government data on import prices and crude oil inventories was reported, moreover, Organization of Petroleum Exporting Countries will be held to discuss issues of energy markets.

On Thursday December 15th, 2011, United States will release several reports which will include data on initial jobless claims, data on producer price inflation, industrial production, capacity utilization, current account figure and data on TIC long term purchases and manufacturing activity in New York and Philadelphia. In United Kingdom, government data on retail sales, consumer inflation expectations and industrial orders expectations will be published.

On Friday, December 16th, 2011, United States will report its data consumer price inflation.

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Major Events to Affect the Trading of the Pair GBP/USD


List of major events to affect the trading of the pair GBP/USD for the week ending December 2nd, 2011 are as follows:

On Monday, November 28th, 2011, United States reported its official data on new home sales while in United Kingdom, industry data on retail sales was released.

Today on Tuesday, United States reported its industry data on house price inflation along with report on consumer confidence. In United Kingdom, industry report on house price inflation was published while Bank of England reported its data on net lending to individuals, M4 money supply and mortgage approvals. UK’s Treasury department also released its annual forecast statement for the coming year.

On Wednesday, November 30th, 2011, United States will release its report on non-farm payrolls. Moreover the data on Chicago’s manufacturing activity will be published along with official reports on pending home sales, non-farm productivity, labor costs and crude oil inventories. In United Kingdom, data on consumer confidence will be published.

On Thursday December 1st, 2011, weekly report of jobless claims will be published in United States while Institute of Supply Management will report its data on manufacturing activity. In United Kingdom, official data on manufacturing activity will be reported.

On Friday December 2nd, 2011, several reports will be published in United States which will include official data on non-farm employment change, average hourly earnings and data on unemployment rate. In United Kingdom, data on construction sector activity will be reported.

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