Osbourne »

  • Forex » British Distributive Trades Rise Sharply
    April 24, 2014, 12:14 GMT

    The Confederation of British Industry has just published the it’s April Distributive Trades report. This measure of short term trends in retail and wholesale distribution sector has come in at 30, this is sharply up from last months 13 and easily beat the market consensus estimate for a reading of 17. The retail sector in

  • Forex » UK Leading Index Softens
    April 11, 2014, 09:02 GMT

    The British Conference Board has just released this month Leading Economic Index. This is surprisingly soft given the strengthening pace of the British economic recovery, this months reading is 0.4% off slightly from a prior figure of 0.7%. The Leading Indicators tracks future trends of the overall economic activity in the UK and takes into

  • Forex » UK Interest Rates Held at 0.5%
    April 10, 2014, 15:28 GMT

    It is interest rate decision day at the Bank of England (BoE) as the Monetary Policy Committee (MPC) completes it’s regular monthly meeting. No surprises today though as the Bank decide to leave the base interest rate unchanged at 0.5% and to continue the Asset Purchase Facility at 375Bn pounds. As Britain is officially declared

  • Forex » British Trade Balances Improve
    April 9, 2014, 08:35 GMT

    The British National Statistics Office has just released details of February’s trade figures. The Total Trade Balance is running at a deficit of GBP £2.058BN which is a further improvement from January’s negative £2.565BN. Excluding trade with the European Union countries the balance becomes a deficit of £2.919BN, this is also better than January’s £3.99BN

  • Forex » Further Weakness In UK Housing
    April 4, 2014, 07:15 GMT

    Halifax House Price data has just been released in the UK, this figure is being watched closely this morning given the softness in the British construction and housing data earlier in the week. The month on month figure for February showed a -1.1% contraction versus a 2.4% rise in January. The 3 monthly year on