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19 Jul 2016

UK CPI steadies at 0.2% m/m in June, core CPI ticks higher

The UK consumer prices remained stagnant at 0.2% m/m in June from a month before, matching market forecasts of 0.2%, the Office for National Statistics (ONS) revealed on Tuesday.

On annualised basis, the UK inflation figures rose 0.5% in June, against 0.4% expectations and 0.3% previous. While the core inflation gauge also ticked higher to 1.4%, vs +1.3% expectations and +1.2% last.

The UK inflation report released today shows that the Brexit shock has been ignored by markets, easing pressure on the BOE to act sooner i.e. as early as August.

Jul 19, 2016

GBP/USD regains 1.3200 post-CPI

The Sterling met some buying ineterst following UK’s inflation figures today, sending GBP/USD back above the 1.3200 handle. GBP/USD bid after data S
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Jul 19, 2016

ECB lending: Corporate and household demand seen rising further in Q3

Latest European Central Bank (ECB) lending survey now published this Tuesday comes with some optimistic news on the credit demand, despite Brexit. Ke
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