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Malaysian economic growth rebounds in Q3 2020 on household consumption, exports

Philippine central bank cuts key policy rate by 25 bps, likely to further cut rates in 2021

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

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Philippine central bank keeps interest rate unchanged at 2 pct

Reserve Bank of India likely to stand pat in December

Gold prices ease as vaccine hopes offset worries about second coronavirus wave

Australian economic growth recovers strongly in Q3 2020

Bank of Thailand keeps key policy rate on hold at 0.50 pct

U.S. Q3 economic growth unrevised in second estimate

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. vehicle sales fall again in November

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

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GBP review

Thursday, June 25, 2015 3:22 PM UTC

Western Union notes:

Gains against the euro helped underpin the pound against the dollar. Sterling sentiment received quite a makeover from news last week of the fastest growth in U.K. paychecks in 4 years, encouraging news that suggested the wait for a U.K. rate hike has grown shorter.

Doubts remain about the sustainability of the pound's rise, however, with it at risk of slipping should the U.S. economy show more convincing signs of improvement.

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