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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Good morning,
This mornings confirmed GDP numbers for the UK came in worse than expected. The prediction had been for a -0.2% but the actual number was -0.3%. This has caused a further softening of the Pound against most major currencies.
Great news for converting into the Pound from other currencies.
GBP/USD could be affected later when the US confirms their quarterly GDP number. Analysts are expecting the number to be ratified at 2.9% growth.
Other than that the main news in the next 24 hours is Japanese with their inflation numbers and the Bank of Japan monetary policy meeting minutes.
Business news is all about strike action and the state of the UK economy. This mornings GDP data has reaffirmed the somewhat gloomy outlook.
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Today’s Economic Calendar
US: 13:30 GDP Numbers
JPN: 23:30 Inflation Data
JPN: 23:30 BoJ Monetary Policy Meeting Minutes
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As ever we look forward to keeping you in the loop and look out for our next update.
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