Posted on 03 April 2012. Tags: average hourly earnings, Bank of England, confidence index, consumer confidence index, economic indicators, Forex Markets, forex reserves, gross domestic product, housing index, interest rate, ISM, jobless claims, monetary policy, mortgage applications, PMI, private payrolls, purchasing managers’ index, retail sales, UK’s economy, unemployment rate, US economy, US Federal Reserve
Major economic events to affect the trading of the pair GBP/USD for the week ending April 6th, 2012 are as under:
On Monday, In United Kingdom, data on purchasing managers’ index, Lloyds Business Barometer and hometrack housing survey was released while Bank of England reported data on housing equity withdrawal. In United States, data on construction spending, unemployment rate, ISM manufacturing and ISM prices paid was reported while US Federal Reserve’s official Pianalto addressed at an event in Ohio regarding US monetary policy.
Today on Tuesday, data on producer price index was reported in the euro zone while United States published its data on factory orders and ISM for New York. Minutes of latest FOMC meeting were also expected in United States today. In United Kingdom, data on purchasing manager index for construction sector was released.
On Wednesday, United Kingdom is to report its official figure on country’s reserves along with data on BRC shop price index and purchasing managers’ index for services sector. In United States, data on domestic vehicle sales, MBA mortgage applications, employment change by ADP, ISM non manufacturing index and data on crude oil, gasoline and distillates inventories by EIA will be published.
On Thursday, in United States, several economic indicators will be published which will include, challenger job cuts, data on initial jobless claims, continuing claims and data on natural gas supplies by EIA. In United Kingdom, data on Halifax house price, manufacturing production and industrial production is expected while the Bank of England will report its assets purchase target and interest rate decision. In England estimate on gross domestic production will be also published by NIESR.
On Friday, April 6th, United States will report its data on unemployment rate, change in household employment, average hourly earnings, change in manufacturing payrolls, change in private payrolls, change in non-farm payrolls and consumer credit.
Posted in British Pound News
Posted on 20 March 2012. Tags: Bank of England, Ben Bernanke, consumer price index, crude oil inventories, Forex Markets, gasoline inventories, inflation, monetary policy, mortgage applications, new home sales, purchasing manager index, retail price index, UK’s economy, US Federal Reserve
Significant factors to affect the trading of the pair GBP/USD for the week ending March 23rd, 2012 are as under:
On Monday, in United States, NAHB housing market index was released while US Federal Reserve official Dudley addressed at a public event in Long Island.
On Tuesday, in United Kingdom, data on retail price index and consumer price index was released. In United States, report on housing starts and building permits was published while US Federal Reserve’s Chairman Ben Bernanke delivered as lecture at George Washington University.
On Wednesday, March 21st, United States will report its data on mortgage applications, existing home sales, crude oil inventories, distillates stockpiles and gasoline inventories by EIA. In United Kingdom, data on public sector net borrowing and public finances will be released. Bank of England is expected to release the latest minutes of its monetary policy meeting.
On Thursday, In United States, data on initial jobless claims, continuing claims, leading indicators, house price index and natural gas inventories will be published. US Federal Reserve’s Chairman Ben Bernanke will deliver a lecture at George Washington University on Thursday. United Kingdom will report its data on retail sales.
On Friday, in United Sates, data on new home sales will be published while US Federal Reserve’s official Bullard will address at an investment conference in Hong Kong. In United Kingdom data on consumer confidence and house loans will be reported.
Posted in British Pound News
Posted on 13 March 2012. Tags: Bank of England, capacity utilization, consumer confidence, consumer price index, Forex Markets, inflation, interest rate, jobless claims, trade balance, UK’s economy, unemployment data, US economy, US Federal Reserve
Important factors that can affect the movement of British Pound against the US dollar for the week ending March 16th, 2012 are as follows:
On Monday, in United States, monthly budget statement was published. United Kingdom reported its data on employment confidence. On Tuesday, in United Kingdom, data on country’s trade balance and house prices was reported along with data on house prices. In United States, data on retail sales and business inventories was reported while NFIB released its data on Small Business Optimism. IBD/TIPP released its data on economic optimism in US. Moreover, US Federal Open Market Committee announced its rate decision.
On Wednesday, in United States, data on mortgage applications, import price index, current account balance and inventories data by US Department of Energy is to be released. Moreover, US Federal Reserve’s Chairman Ben Bernanke will address to community bankers in Nashville which will be closely watched to get hints for future direction of monetary policy. In United Kingdom, data on unemployment rate, average weekly earnings, jobless claims change and claimant count rate will be published.
On Thursday, in United States, data on producer price index, initial jobless claims, continuing claims, TIC flows and natural gas inventories data by Energy Information Administration will be published.
On Friday, in United States, data on consumer price index, industrial production and capacity utilization will be released.
Posted in British Pound News
Posted on 06 March 2012. Tags: Bank of England, consumer price index, crude oil inventories, forex market, gross domestic product, inflation, Interest Rates, jobless claims, manufacturing production, purchasing managers’ index, trade balance, UK’s economy, US dollar, US economy
Major economic events to affect the trading of the British Pound for the week ending March 9th are as under:
On Monday, in United States, data on ISM non manufacturing composite was released along with data on factory orders. In United Kingdom reported its purchasing managers’ index along with official data on country’s reserves. In Australia, data on inflation was published. On Tuesday, United Kingdom reported data on house prices.
On Wednesday, United States will publish its data on mortgage applications, employment change by ADP, data on non-farm productivity, unit labor costs and data on crude oil, gasoline and distillates stockpiles by US Department of Energy. In United Kingdom, data on shop price index is to be released.
On Thursday, United States will report is weekly data on initial jobless claims and continuing claims. Data on consumer outlook and job cuts will also be published while EIA will release its data on natural gas inventories.
In United Kingdom, data on asset purchase target by Band of England will be released further the central bank will announce its decision of interest rate.
On Friday, in United States, data on average hourly earnings, household employment, underemployment rate, unemployment rate, change in manufacturing payrolls, private payroll, non-farm payrolls and country’s trade balance will be reported.
In United Kingdom, estimate on gross domestic production will be released along with data on country’s trade balance, producer price index, manufacturing production and industrial production.
Posted in British Pound News
Posted on 14 February 2012. Tags: American Petroleum Institute, Bank of England, consumer price index, Forex Markets, gross domestic product, inflation, Interest Rates, jobless claims, producer prices, retail sales, UK’s economy, US dollar, US economy, US Federal Reserve
List of major economic factors and events to affect the trading of the British Pound for the week ending February 17th is under:
On Tuesday, in United Kingdom, data on retail price index, consumer price index and house prices was reported. In United States, data on retail sales and import price index is to be reported while US Federal Reserve’s official Plosser was to address at an event in Newark.
On Wednesday, in United Kingdom, data on unemployment rate, weekly average earnings, jobless claims change and claimant count rate will be published while Bank of England will publish its inflation report. In United States several economic indicators and reports will be published which will include data on mortgage approvals, consumer price index, industrial production, capacity utilization, housing market index and EIA’s data on crude oil, gasoline and distillate inventories. US Federal Reserve will also release the minutes of its latest monetary policy meeting.
On Thursday, in United States, data on housing starts, continuing claims, building permits, producer price index and initial jobless claims will be reported. US Federal Reserve’s chairman Ben Bernanke will also address at an event in Arlington.
On Friday, in United Kingdom, data on retail sales will be published. United States will report its data on consumer price index while American Petroleum Institute will publish its monthly report.
Posted in British Pound News
Posted on 07 February 2012. Tags: consumer price index, crude oil inventories, Forex Markets, industrial production, inflation, manufacturing production, producer price index, UK’s economy, unemployment rate, University of Michigan, US dollar, US economy, US Federal Reserve
On Monday, in United Kingdom, data on Halifax house prices, new car registrations and employment confidence was released. Today on Tuesday, in United States indicator on economic optimism was released.
On Wednesday, United States will release several reports which will include data on crude oil, gasoline and distillate inventories along with report on mortgage applications while US Federal Reserve’s official Williams will address at a public event in San Ramon.
On Thursday, in United Kingdom, data on country’s trade balance, data on manufacturing production and industrial production will be reported while the Bank of England will report its rate decision.
In United States, data on initial jobless claims, continuing claims and wholesale inventories will be released along with data on natural gas stockpiles by EIA. Canada will release its data on housing price index. In Japan, data on housing loans and machine orders will be reported.
On Friday, United States will release its data on country’s trade balance while University of Michigan will publish its data on consumer confidence. In United Kingdom, data on producer price index is to be released. In Switzerland data consumer price index will be released on Friday.
Posted in British Pound News