- Tuesday, 12 April 2016
- News
UK CPI increased by 0.5%
UK Consumer Prices Index (CPI) rose by 0.5% in the year to March 2016, compared with a 0.3% rise in the year to February. Analysts were predicting smaller increase by 0.3%. The rate has increased gradually since October 2015 although is still relatively low in the historical context. Rises in air fares and clothing prices were the main contributors to the increase in the rate between February and March 2016. These upward pressures were partially offset by a fall in food prices and a smaller rise in petrol prices than a year ago.
The price of goods bought and sold by UK manufacturers, as estimated by the producer price index, continued to fall in the year to March 2016. Factory gate prices (output prices) for goods produced by UK manufacturers fell 0.9% in the year to March 2016, compared with a fall of 1.1% in the year to February 2016. Core factory gate prices, which exclude the more volatile food, beverage, tobacco and petroleum products, rose 0.2% in the year to March 2016, compared with a rise of 0.1% in the year to February 2016. The overall price of materials and fuels bought by UK manufacturers for processing (total input prices) fell 6.5% in the year to March 2016, compared with a fall of 8.2% in the year to February 2016.
Sterling is currently being traded few points above 1.43 level. Pair is likely to find support around 1.4250 handle and resistance above 1.4350 level. There will be no major data releases later today.
Read more...- Friday, 08 April 2016
- News
UK Industrial Production fell by 0.3%
Total production output is estimated to have decreased by 0.5% in February 2016 compared with the same month a year ago, the largest fall since August 2013. The largest contribution to the fall came from manufacturing, which decreased by 1.8%. This was the largest fall since July 2013, when it fell by an equal amount. There were decreases in 10 of the 13 manufacturing sub-sectors, with the largest contribution coming from the manufacture of machinery & equipment not elsewhere classified, which decreased by 10.6% and contributed a downward 0.5 percentage points to total production.
Read more...- Thursday, 07 April 2016
- News
UK house prices 2.9% higher in Q1
- Tuesday, 05 April 2016
- News
UK Services PMI increased to 53.7
- Popular
-
UK still likely to leave the EU with a negotiated agreement, says Number 10
A successful deal with the European Union remains the “most… -
Sentix Investors Confidence rose to 14.7 in August
The summer heat in Europe is also causing economic temperatures… -
German factory orders -4.0% seasonally adjusted on the previous month
Based on provisional data, the Federal Statistical Office (Destatis) reports… -
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
China's exports are expected to have maintained solid growth in…
Tags
About Us
Forex Web News is part of Rolling Capital Network providing financial consulting.
Within the Forex Web News we provide our readers with expert and timely technical analyses, fundamental analyses and news; with one aim – for our readers to make best possible financial decisions.
Forex Web News desks and analysis department follow the international markets closely and create high quality proprietary content on a both daily and weekly basis.
.
All our analysts have several years of trading and analysis experience. The Forex Web News analysis team creates daily and weekly analyses and offer forecasts regarding where they believe the markets are heading. Our readers are provided with data displayed both in texts and on graphs, providing them the fullest understanding of what is happening in the market place.
We are constantly growing our news desks and our analysis departments as we strive to broaden the content we provide to visitors of the Forex Web News.
Menu
Disclaimer
Rolling-capital.com – The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate. All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. rolling-capital.com bears no responsibility for any trading losses you might incur as a result of using any data within the Forex Web News.