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Pound Fundamental
GBP Weak Consumption ...
Thursday, 26 May 2011 06:00

GBP: Weak Consumption Offset By Strong Government Spending

The Pound climbed to 6-week highs against the euro while extending the strengthening against the US dollar. As expected GDP growth at 0.5 per cent of the United Kingdom changed. Economy of the United Kingdom fought since the first three months of this year related to the austerity measures and the growth of demand.

Private consumption was revised downward to-0.6 percent but this was offset by upward revisions to government spending.

 
GBP/USD Fundamental - 16/March
Written by Praful Patat   
Wednesday, 16 March 2011 06:08

GBPUSD
Claimant Count Change:
Claimant Count Change is also called Jobless Claims, Unemployment Change. This is the first indication of the employment situation released a month earlier than the Unemployment Rate. Claimant Count Change indicates to change in the number of people claiming unemployment benefits during the previous month.
The number of unemployed people is an important of overall economic of the country.

Claimant Count Change:

Claimant Count Change is also called Jobless Claims, Unemployment Change. This is the first indication of the employment situation

 
GBP/USD Fundamental - 11/March
Written by Praful Patat   
Friday, 11 March 2011 06:41

PPI Input (Producer Price Index)
PPI indicates that what is change in price of good and raw material purchase by manufacturers.
PPI input price annual inflation rose 13.4% in January 2011 compared to a rise of 12.9% in December 2010. Output prices measure for all manufactured products rose 1.0% between December and January and reflecting price rises in petroleum, food and chemical products. Input prices measure of manufacturers’ materials and fuels rose 1.7% in January and reflecting rises in the price of crude oil, other imported products and imported metals. PPI data, forecast is less than previous released, more than 1.7% then good for GBP and if less then 1.4% then negative effect on GBP.
Action: More than 1.7% then Buy GBPUSD, GBPJPY or less than 1.4% then sell GBPUSD, GBPJPY or between 1.4% to 1.7%, it will neutral movement

PPI Input (Producer Price Index):

PPI indicates that what is change in price of good and raw material purchase by manufacturers. 

 
GBP/USD Fundamental - 10/March
Written by Praful Patat   
Thursday, 10 March 2011 06:32

 

Manufacturing Production
Total manufacturing of production output increased by 4.4% in December 2010 compared to the same month a year ago. The total contributors to the increase were the metals and metal products industries which increased by 15.00%, the food, drink and tobacco products industries which increased by 8.8% and the machinery and equipment industries which increased by 15.20%. And now the largest negative contribution to overall output was a decrease of 10.9% from the chemical and man-made fibres industries. The largest positive contribution to overall production was increase of 2.8% in the paper, printing industries.
Official Bank Rate
The Bank of England’s Monetary Policy Committee today will vote to maintain the official Bank Rate pay on commercial bank reserves at 0.5%. The Committee will also vote for maintaining stock of asset purchases  by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate kept same as previous of 0.5% points to 0.5%.

Manufacturing Production:

Total manufacturing of production output increased by 4.4% in December 2010 compared to the same month a year ago.

 
GBP/USD Fundamental - 09/March
Written by Praful Patat   
Wednesday, 09 March 2011 06:29

Trade Balance
It is different between imported and exported goods during month. Total export and import goods are accounted in balance. There is export demand and currency demand is linked because foreigners must buy the domestic currency to pay for the nation's exports.
Continues import and export data comes less than previous and forecast. If this time also can come negative as compare to previous.

Trade Balance

It is different between imported and exported goods during month. Total export and import goods are accounted in balance.

 
GBP/USD Fundamental - 04/March
Friday, 04 March 2011 06:33

There are already three MPC members, including an internal BOE member that support rate hike. On the other hand, GDP was revised to the downside in Q4 2010, sending the pound down yesterday.
Today realize of Halifax HPI, Publication time unknown at the moment. The data will published by HBOS is based on its wide internal mortgage figures. After a significant fall of 1.1% two months ago, a rise of 0.8% came last month and was a strong correction. Another small rise is expected now.

There are already three MPC members, including an internal BOE member that support rate hike. On the other hand, GDP was revised to the downside in Q4 2010, sending the pound down yesterday.