UK GDP contracted -0.3% mom in April, worse than expectation of 0.2% mom growth. Services fell -0.3% mom. Production fell -0.6% mom. Construction also fell by -0.4% mom. This is the first time that all main sectors have contributed negatively to a monthly GDP estimate since January 2021. Also released, manufacturing production came in at […]
The post UK GDP fell -0.3% mom in Apr, all sectors contracted appeared first on Action Forex.
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Bank of America data are pointing to a growing imbalance beneath otherwise solid consumer activity in the U.S. economy. Spending data for March suggests households are still actively buying across key categories, reinforcing the view Read more…
USDJPY: ⬆️ Buy USDJPY from the support zone Likely to test resistance levels 160.40 and 161.00 USDJPY currency pair recently reversed from the support zone between the key support level 157.50 (which stopped the previous Read more…