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United States building permits

Canadian inflation continues to ease, moving closer to the Bank of Canada's target

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

U.S. personal income and spending rose less than expected in August

U.S. weekly jobless claims unexpectedly decrease

U.S. durable goods orders sustain robust growth

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Swedish economic sentiment indicator rises in November

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Australian economic growth recovers strongly in Q3 2020

Reserve Bank of India likely to stand pat in December

Best Gold Stocks to Buy Now: AABB, GOLD, GDX

U.S. Consumer Confidence falls in September

Canada's economy shows growth in July, but growth stalled in

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

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GBP review

Monday, May 18, 2015 4:11 PM UTC

GBP/USD is down by over 1 percent since reaching 5-month highs last week as some analysts say Sterling's strong post-election rally has run its course. Following the unexpected election result on the night of May 7th, GBP/USD appreciated by around 7 cents in 6 trading sessions. The result also pushed GBP/EUR towards a 7-year high.

However, GBP/EUR has fallen more than 2 percent since Thursday's highs. UK Chancellor George Osborne has announced new government spending cuts. The news has put downward pressure on Sterling this morning amid bets that investors may be underestimating the negative impact on UK economic growth from government austerity.

Sterling's post-election gains could continue to unravel if Tuesday's UK inflation data at 09:30 and Wednesday's 09:30 BOE minutes are dovish.

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NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

Seatrium Reaches $475 Million Settlement With Maersk Over Offshore Wind Vessel Project

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GBP review

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