UK Inflation – Less Than Expected

Andamento del mercato - 22/03/2016

Inflation data for the month of February, released earlier today by the United Kingdom Office for National Statistics printed lower than expectations. Consumer prices increased at a slower rate of 0.20% on the monthly headline while rising 0.30% yearly, falling below forecasts of 0.40% for both metrics. The British Pound slipped on the inflation data and on news of explosions in the Brussels airport and metro.

GBPJPY is down -0.75% at the time of writing, as GBP is sold off in favor of safe haven assets.

The Pound recently came under pressure as the ruling Conservative party continues to see members divided on the issue of a Brexit, with one minister resigning from his post. The Pound fell to a 13-day low against the Yen, testing 158.945 before managing a small recovery. Last week the Bank of England left interest rates unchanged at 0.50% with a unanimous vote, but news that interest rates were more likely to increase than be cut sent the Pound higher. British wages have also seen an increase as the average hourly earnings increased 2.10% over the prior month’s 1.90%, perhaps giving impetus to the recent hawkishness.

popup_close
gbpjpy-2203

Questo sito usa I cookies per garantire all'utente la migliore esperienza possibile. Leggi di più

Accetto

I CFD sono strumenti finanziari complessi e comportano un alto rischio di perdere capitale rapidamente a causa della leva finanziaria.
70.20% dei conti degli investitori al dettaglio di questo broker perdono il capitale quando fanno trading con CFD.
Dovresti valutare se comprendi come funzionano i CFD e se puoi permetterti di correre il rischio elevato di perdere il tuo capitale.

70.20% dei conti CFD al dettaglio perdono capitale. Leggi di più

X