The smallest U.K. trade deficit in nearly a year helped sterling rebound from 20-month lows under $1.50 against the greenback. The pound was the latest currency this week to plunge to fresh lows against its rapidly outpe…
The smallest U.K. trade deficit in nearly a year helped sterling rebound from 20-month lows under $1.50 against the greenback. The pound was the latest currency this week to plunge to fresh lows against its rapidly outperforming U.S. counterpart.
But in a reminder of Britain's still solid economic fundamentals, the nation's trade gap improved more than expected, narrowing to a March 2014 low of £8.41 billion in January from a downwardly revised £9.93 billion.
Although the U.K. economy remains on a stable footing, sterling has faced stronger headwinds of late in growing unease ahead of spring elections and the accelerated slide in the euro against the dollar.
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…
