Commentary / Technicals
Add as a preferred source on GoogleAs of 2016, the United Kingdom's current account deficit has reached more than 7 percent of the GDP. However, the Kingdom can easily finance its deficit through its large capital account surplus and positive Foreign Dire…
As of 2016, the United Kingdom's current account deficit has reached more than 7 percent of the GDP. However, the Kingdom can easily finance its deficit through its large capital account surplus and positive Foreign Direct Investment (FDI).
The real question the economy is facing is that can it continue to receive FDI and post capital account surplus even if it exits the European Union.
Chart courtesy - Financial Stability Report, Bank of England
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
