Services sector PMI

For GBP, the focus in mid-week trade will be the outcome of the release of the Service PMI reading from Markit and the CIPS.

August 3,2016

high street british pound 1

Theresa May's new chancellor has scraped the previous administration’s goal of generating a budget surplus by 2020, allowing himself more room for manoeuvre in addressing the potential economic fall-out from Brexit.

August 3,2016

Construction pmi July

Pound Sterling is looking surprisingly firm despite news that UK Construction PMI data fell at its fastest pace since 2009.

August 3,2016

euro to pound sterling exchange rate

The EUR/GBP pair is rising after breaking out of a triangle formation; it may well reach the same level as the 0.8627 July highs.

August 3,2016

Manufacturing Data and the GBP

Markets have some juicy data to bite into as the new month brings with it the release of the three PMI readings.

August 3,2016

british pound 2

The risk is for the pound to weaken in the week ahead as the Bank of England (BOE) meets to launch its summer stimulus programme.

August 2,2016

pound to dollar exchange rate 3

The Bank of England (BOE) rate meeting on Thursday and Non-Farm Payrolls are the twin highlights for the GBP/USD pair in the week ahead.

August 2,2016

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