The Pound Sterling underperforms its peers as the preliminary UK PMI unexpectedly contracted in April. Trump is confident of closing bilateral deals with various nations…
The eight OPEC+ countries with voluntary production cuts surprisingly announced yesterday that they would increase production by 411 thousand barrels per day in May. That…
The UK Retail Sales jumped 1% MoM in February, a positive surprise. Monthly core Retail Sales for the UK rose 1% in February. GBP/USD keeps range…
GBP/USD shrugs as UK GDP unexpectedly declines The British pound has edged lower against the US dollar on Friday. GBP/USD is trading at 1.2928 in…
UK Services PMI rose slightly to 51.1 in February, a positive surprise. Manufacturing PMI in the UK unexpectedly declined to 46.4 in February. GBP/USD holds…
Created on February 12, 2025 US Inflation Hits 3% The US consumer price index (CPI) climbed higher for a fourth consecutive month in January 2025.…