Online Forex broker
Manufacturing production is a leading indicator of Britain’s economic health. It makes up 80% of the country’s total industrial production. As a result, this release has a great impact on the pound’s exchange rate. Production is correlated with employment and earnings. Moreover, the indicator quickly reacts to ups and downs of the business cycle.
The UK economy suffered a lot because of the Brexit deal so every piece of economic statistics is very important. If manufacturing production turns out to be better than expected, the pound will get support. Otherwise, the data will signal further weakness of the UK economy, and the British pound will decline.
• If the data is greater than the forecast, the British pound will appreciate.
• If the data is weaker than the forecast, the British pound will go down.
In April, new orders for American capital goods tacked on by the most for eight months, although a tumble in shipments dropped a hint that business spending on equipment decelerated in the first quarter…
In the first quarter, the South Korean economy suddenly contracted, thus marking its worst outcome since the global financial meltdown…
American mortgage applications to purchase a home and to have it refinanced demonstrated their steepest weekly slump for four months due to the fact some mortgage rates jumped to one-month maximums, in step with higher bond gains…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
Your request is accepted.
A manager will call you shortly.
Internal error. Please try again later
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
