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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Two leading indicators of the health of the UK economy are out of kilter.
There were 33,000 more claimants reported whilst job vacancies fell sharply.
Both are been cited to the changes made to national insurance last October when it was suspected SME's would be hit.
Following that, monthly GDP reported a monthly contraction of -0.3% this morning.
This could mean tax hikes in the Autumn.
Sterling has taken a bit of a hammering versus the Euro because of this.
With inflation expected to start ticking up on the back of the recent tariffs, that could mean no base rate cuts for a while, so it's a bit gloomy all around.
Scheduled news into the weekend is US and China based.
The Michigan consumer sentiment index gets reported tomorrow before retail sales numbers out of China in the early hours of Monday.
US: Friday 15:00 Michigan Consumer Sentiment Index
CHN: Monday 03:00 Retail Sales
As ever we look forward to keeping you in the loop and look out for our next update.
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