UK current account released at a deficit of 2 billion pounds

Tuesday, 25 October 2011 02:35

United Kingdom’s current account deficit was 2.6 billion Sterling in the Second Quarter of 2011; down from the previous quarter of 4.1 billion pounds.

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UK Trade Balance at -7.8 B

Thursday, 13 October 2011 12:15

According to the Office of National Statistics United Kingdom’s Visiable Trade Balance was release much better than expected. UK Trade Balance for the month of July was reported at a deficit of 8.2 B. Report for the current month of August were expected to drop lower as much as -8.8 B. Instead, UK Trade Balance made a correction to a deficit of 7.8 B.

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Sterling dropped after Current Account

Tuesday, 28 June 2011 12:16

U.K’s Current Account was recorded with a deficit of 9.4 billion Pounds in the first quarter of 2011. Economists were widely off, as predictions were expected at 5.0 billion Pounds; whereas a 10.5 billion Pounds was previously recorded quarter.

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U.S Durable Goods at 1.9%

Friday, 24 June 2011 04:44

U.S Durable Goods unexpectedly rose more than predicted in May to 1.9% as the U.S economy Gross Domestic Product grew this quarter.

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Sterling weakening against Dollar

Thursday, 16 June 2011 12:42

Monthly Sales Volume announcement was released earlier today. Results were expected to be released lower than last month, as predicted by economists.
1.1% last month, forecast was expected at 0.5%. Instead, Retail Sales dove even further to be released at -1.4%.

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