European session review: GBP mostly lower with worse-than-expected UK PMI data and upcoming BoE meeting in focus
03.08.2020, 12:02

European session review: GBP mostly lower with worse-than-expected UK PMI data and upcoming BoE meeting in focus

TimeCountryEventPeriodPrevious valueForecastActual
06:30SwitzerlandConsumer Price Index (MoM) July0%-0.4%-0.2%
06:30SwitzerlandConsumer Price Index (YoY)July-1.3%-1.1%-0.9%
07:30SwitzerlandManufacturing PMIJuly41.95149.2
07:50FranceManufacturing PMIJuly52.35252.4
07:55GermanyManufacturing PMIJuly45.25051
08:00EurozoneManufacturing PMIJuly47.451.151.8
08:30United KingdomPurchasing Manager Index Manufacturing July50.153.653.3

GBP fell against most other major currencies in the European session on Monday as investors weighed the latest UK PMI data, while awaiting the outcomes of the Bank of England’s (BoE) policy meeting on Thursday.

IHS Markit reported that activity in the UK’s manufacturing sector improved solidly in July, as output growth hit a 32-month high supported by the sharpest rise in new order volumes since the end of 2018. According to the report, the seasonally adjusted IHS Markit/CIPS Purchasing Managers’ Index (PMI) rose to a 16-month high of 53.3 in July, up from 50.1 in June but below the earlier flash estimate of 53.6. The latest PMI pointed to the strongest pace of expansion in the UK’s manufacturing sector since March 2019. Economists had forecast the reading to remain unrevised at 53.6.

The Bank of England (BoE) will announce its latest interest rate decision and rate statement on Thursday. It is expected that the British central bank will leave its policy rate and quantitative easing program unchanged.

Market participants also continued to monitor how work the UK government’s strategy of local lockdowns, targeting areas which have suffered outbreaks. Last week, the UK's PM Boris Johnson ordered swathes of the north of England back into partial lockdown, banning people in Greater Manchester, Bradford, Blackburn from holding indoor meetings with different households. 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik