U.K. Economy Surges in July But Clouds Gather Over Jobs

September 11, 2020 at 07:18AM

U.K. Economy Surges in July But Clouds Gather Over Jobs

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Author: Bloomberg | Post link: https://www.investing.com/news/forex-news/uk-economy-surges-in-july-but-clouds-gather-over-jobs-2292428
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FX Street

Japan Housing Starts (YoY) came in at 7.3%, above forecasts (7.2%) in June 30 July 2021

Japan Housing Starts (YoY) came in at 7.3%, above forecasts (7.2%) in June

Japan Construction Orders (YoY) increased to 32.3% in June from previous 7.4% 30 July 2021

Japan Construction Orders (YoY) increased to 32.3% in June from previous 7.4%

EUR/USD expected to surpass 1.1900 – UOB 30 July 2021

FX Strategists at UOB Group noted EUR/USD is now predicted to advance beyond the 1.1900 yardstick in the next weeks. Key Quotes 24-hour view: “While w

USD/INR Price News: Indian rupee consolidates weekly gains above 74.00 on USD rebound 30 July 2021

USD/INR picks up bids around 74.30, 0.08% intraday, ahead of Friday’s European session. Although the latest bounce off the monthly low favors the Indi

Gold Price Forecast: XAU/USD retreats from a two-week high near $1,840 30 July 2021

Gold (XAU/USD) stays defensive around $1,830, sidelined of late, amid Friday’s Asian session. The yellow metal crossed 200-DMA for the first time sinc

Netherlands, The Retail Sales (YoY) declined to 7.2% in June from previous 7.9% 30 July 2021

Netherlands, The Retail Sales (YoY) declined to 7.2% in June from previous 7.9%

NZD/USD Price Analysis: Monthly resistance line rejects bulls around 0.7000 30 July 2021

NZD/USD steps back from a fortnight top to 0.7000, down 0.15% intraday, amid early Friday. The kiwi pair jumped the most in two weeks the previous day

White House: Will not rule out further lockdowns if scientists recommend 30 July 2021

US President Joe Biden’s administration “would not rule out further lockdowns to mitigate the spread of COVID-19 if scientists recommended such action

EUR/GBP Price Analysis: Bulls defend daily support near 0.8520 30 July 2021

EUR/GBP prints some gains on the last trading day of the week. The pair confides in a narrow trade band with a mildly bullish bias. At the time of wri

Fed: July statement further reduce chances of a September taper announcement – JP Morgan 30 July 2021

According to the analysts at JP Morgan, “the Fed statements reference to 'meetings' (plural) would seem to further reduce the chances of a September t

EUR/USD eases below 1.1900, Eurozone GDP, US PCE Inflation eyed 30 July 2021

EUR/USD edges lower around the intraday bottom of 1.1879, down 0.05% on a day, heading into Friday’s European session. The major currency pair marked

GBP/USD retreats toward 1.3950 as USD rebounds 30 July 2021

After testing a one-month high in the overnight session, GBP/USD pares part of its gains in the Asian trading session on Friday. The pair seems to be

Tesla Stock Price and Forecast: Why Tesla jumped over 4.50% on Elon Musk’s tweet? 30 July 2021

Come on something happen here please. We expected results to provide some catalyst to the share price but instead, we are met with zzzz. We need a bre

Singapore Unemployment rate fell from previous 2.9% to 2.7% in 2Q 30 July 2021

Singapore Unemployment rate fell from previous 2.9% to 2.7% in 2Q

AUD/NZD Price Analysis: Bears attacks critical support near 1.0540 30 July 2021

AUD/NZD treads water on the last trading week of the day in the Asian trading hours. The pair lacks direction and hovers in a narrow price band. At th

Asian Stock Market in a sea of red in sync with S&P 500 futures amid escalating covid woes 30 July 2021

Despite a positive close on Wall Street overnight, the Asian traders fail to rejoice, as the sentiment has turned sour on the final trading day of the

USD/CAD Price Analysis: Bulls move in on hour resistance, eye daily targets 30 July 2021

USD/CAD is on the verge of an upside continuation and the following illustrates the confluence between the daily and hourly charts. USD/CAD daily char

AUD/USD drops back below 0.7400 on USD rebound, covid woes 30 July 2021

AUD/USD teases intraday low of 0.7384, down 0.10% on a day, amid Friday’s Asian session. In doing so, the Aussie pair drops for the first time in thre

Australia Private Sector Credit (YoY) up to 3.1% in June from previous 1.9% 30 July 2021

Australia Private Sector Credit (YoY) up to 3.1% in June from previous 1.9%

Australia Producer Price Index (QoQ) came in at 0.7%, above expectations (0.2%) in 2Q 30 July 2021

Australia Producer Price Index (QoQ) came in at 0.7%, above expectations (0.2%) in 2Q

U.K. Economy Surges in July But Clouds Gather Over Jobs

September 11, 2020 at 07:18AM

U.K. Economy Surges in July But Clouds Gather Over Jobs

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UK economy grew 6.6% in July

ECB’s Lane Toughens Euro Talk With Warning on Inflation Outlook

September 11, 2020 at 07:18AM

U.K. Economy Surges in July But Clouds Gather Over Jobs

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