UK consumer price inflation remained stable at the central bank target in June. However, factory gate inflation eased to the lowest in nearly three years in June, data from the Office for National.. RTTNews - Published Also reported by •FT.com
Consumer and producer prices from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the European Automobile Manufacturers Association is scheduled to.. RTTNews - Published
LONDON (AP) — Official figures show that inflation in Britain dipped in May, back to the Bank of England’s target, amid lower air fares and car prices. The Office for National Statistics said.. Seattle Times - Published
LONDON (AP) — Official figures show that inflation in Britain rose in April above the Bank of England’s target rate following an uptick in energy prices and airfares. The Office for National.. Seattle Times - Published
Official figures show that inflation in Britain unexpectedly held steady in March, with economists suggesting that Brexit uncertainty prompted retailers to keep prices lower than would otherwise have.. FOXNews.com - Published Also reported by •Seattle Times •MyNorthwest.com
· *The cross tumbles to new multi-day lows near 146.50.*
· *UK PM May officially asked for short extension of Article 50.*
· *UK CPI rose at an annualized 1.9% in February.*
The increasing.. FXstreet.com - Published
James Smith, developed markets economist at ING, notes that the UK inflation edged a little higher in February, lifted by a rise in food prices and a modest pick-up in recreation costs and ING expects.. FXstreet.com - Published
According to analysts at TD Securities, UK’s inflation data was mixed in February, with upside news on headline (1.9% y/y) but downside news on core (1.8% y/y).
“Component-wise,.. FXstreet.com - Published
· *The cross flirts with the 21-day SMA near 0.8580.*
· *UK CPI rose 1.9% YoY, bettering consensus.*
· *PM T.May will formally ask the EU for an extension of Article 50.*
The softer tone in the.. FXstreet.com - Published
LONDON (AP) — Official figures show that inflation edged higher in February but remains slightly below the Bank of England’s target. The Office for National Statistics said Wednesday that consumer.. Seattle Times - Published
*The UK February CPIs Overview*
The cost of living in the UK as represented by the consumer price index (CPI) is due later on Wednesday at 0930 GMT.
The headline CPI inflation is expected to.. FXstreet.com - Published
Forex today in Wednesday’s Asian trading was mainly dominated by broad-based US dollar recovery, stemming mainly from mild risk-aversion amid renewed US-China trade woes and the latest reports on.. FXstreet.com - Published
The Barclays Research Team offers a brief preview of their expectations from Wednesday’s UK inflation data due on the cards at 0930 GMT.
“On the data front, for the Feb... FXstreet.com - Published
Smart speakers are so popular the UK is using them to help calculate inflation. Every year, the UK's Office for National Statistics (ONS) adds top consumer products to its "basket of goods," a.. engadget - Published
In a speech delivered at Imperial College in London, Bank of England rate-setter Michael Saunders echoed Governor Carney's comments on the policy outlook and said that the policy response to Brexit was.. FXstreet.com - Published
Analysts at TD Securities point out that in the UK, the BoE's Carney, Ramsden, Haskel, and Vlieghe appear before the Treasury Select Committee to discuss the February Inflation Report at 10am GMT and.. FXstreet.com - Published
* • Speculations over a possible extension of Article 50 provided a short-lived boost. • Renewed USD buying interest picks up pace after stable US consumer inflation.*
The GBP/USD pair.. FXstreet.com - Published
Analysts at TD Securities point out that UK’s headline inflation came in a tick below market expectations, at 1.8% y/y, while core inflation held steady at 1.9% y/y.
“The.. FXstreet.com - Published
James Smith, developed markets economist at ING, points out that the UK inflation has once again fallen back below the Bank of England’s 2% target and the fall from 2.1% to 1.8% in January largely.. FXstreet.com - Published
· *The cross moves higher following UK data.*
· *UK inflation figures disappointed in January.*
· *PM Theresa May expected to resume Brexit discussions today.*
The Sterling is now giving away.. FXstreet.com - Published
LONDON (AP) — Lower energy costs as well as a waning impact from the pound’s sharp fall in the aftermath of the country’s Brexit vote have helped consumer price inflation in Britain fall below.. Seattle Times - Published
Analysts at TD Securities are seeing slight downside risks to UK inflation data today, with headline inflation at 1.9% y/y (mkt: 1.9%) and core inflation at 1.7% y/y (mkt: 1.9%).
*Key.. FXstreet.com - Published
The Kiwi was the biggest mover in Asia this Wednesday, as surprisingly less dovish as expected Reserve Bank of New Zealand (RBNZ) monetary policy statement and Governor Orr’s comments lifted the.. FXstreet.com - Published
· *The GBP/USD pair is near 1.2900 mark on early Wednesday.*
· *The pair extends Tuesday’s gains earned through concern of soft Brexit and less dovish BoE.*
· *The headline inflation data will.. FXstreet.com - Published
Analysts at Danske Bank suggest that the UK inflation figures for December will probably show another decline in headline inflation from 2.3% in November on the back of lower energy prices.
*Key.. FXstreet.com - Published
A sense of calm prevailed in Wednesday’s Asian trading, as the dust settled over the Brexit vote defeat aftermath. The GBP bulls faced exhaustion, leaving the Cable to consolidate the Brexit vote.. FXstreet.com - Published
According to Martin Enlund, chief FX strategist at Nordea Markets, prices, politics and profits will be the main topics of the week with UK inflation on Wednesday, Euro-area inflation on Thursday and.. FXstreet.com - Published