K Inflation News Today

The British pound is slightly lower on Tuesday. GBP/USD is down 0.21%, trading at 1.2535 in the European session at the time of writing. The UK construction

Gross domestic product shrank by 0.1% in the third quarter and by 0.3% in the fourth quarter, unchanged from preliminary estimates, the Office for National Statistics said on Thursday.

UK shop inflation falls to 2.5% The British pound is drifting on Tuesday. In the European session, GBP/USD is trading at 1.2683, down 0.03%. Shop price, f

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Bank of England Governor Andrew Bailey said it is not unreasonable for the markets to expect interest rate cuts this year. The BoE does not endorse the market curve, Bailey told lawmakers on the Treasury Select Committee.

UK consumer price inflation remained unchanged in January, data from the Office for National Statistics showed on Wednesday. The consumer price index advanced 4.

The British pound continues to lose ground on Wednesday. In the European session, GBP/USD is trading at 1.2546, down 0.35%. UK inflation holds steady at 4.0%

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Asian markets move up a gear on Thursday as the region's economic calendar fills up, with the general mood likely to be one of optimism following the rebound in most asset classes the previous day. China is still closed but markets in Hong Kong and most of Asia are up and running after the Lunar New Year break, and the local highlights on Thursday will include fourth quarter GDP figures from Japan, Australian unemployment and an interest rate decision from the Philippines. A faster-than-e...

GBP/USD imminent potential bullish breakout from 5-week range, reinforced by hot inflation forecasts from BoE.