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Data set to confirm UK recession

posted by Avatar sassygirl 1220 days ago in GBP, Fundamental, GDP

Official output data is expected to confirm the UK is in a recession later - in line with what economists have been saying for months. read more
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U.K. Jobless Claims Rise 77,900 as Recession Deepens

posted by Avatar trader 1220 days ago in GBP, Employment made popular 1220 days ago

U.K. unemployment rose at the second-fastest pace since 1991 in December as the worsening recession prompted retailers and automakers to cut jobs. read more
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U.K. Inflation Rate Falls Most Since at Least 1997

posted by Avatar wizardfx 1220 days ago in GBP, Fundamental, Inflation made popular 1220 days ago

The U.K.’s inflation rate fell the most since at least 1997 in December as tax cuts and the deepening recession eased price pressures across the economy. read more
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Canada's central bank predicts short recession

posted by Avatar konata 1220 days ago in CAD, Fundamental, Inflation made popular 1220 days ago

The head of Canada's central bank said Thursday the country is in a deep downturn, but he predicts it will be shorter than previous recessions. read more
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Australian Central Bank May Cut Key Rate Below 2%

posted by Avatar eriathwen 1220 days ago in AUD, Fundamental, Inflation made popular 1220 days ago

Australia’s central bank may more than halve its benchmark interest rate as the nation enters a long and deep recession, former Governor Bernie Fraser said. read more
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Forex Investorz await Obama’s signals on China’s yuan!

posted by Avatar rangesnet 1220 days ago in Technical, Fundamental, Trading Psychology

President Barack Obama trumpeted his message of change all the way to the White House, but when it comes to the U.S. tone on China and its yuan, economists say that message might not apply. U.S. manufacturers have long claimed that the Chinese cu read more