ALREADY IN AN HOUR: Inflation data in the UK!
Dear traders,
The UK Office for National Statistics (ONS) will publish inflation data for July at 11:30 Kyiv time.
According to analysts’ forecasts, the growth rate of consumer prices will slightly increase to 2.5% against growth of 2.4% in June. At the same time, core inflation should remain steady at a rate of 1.9%.
The growth rate of the British economy slightly accelerated in the second quarter after a sharp winter slowdown, earlier this year, as the official report showed, which came out at the end of the week.
However, the pound’s rate fell to a minimum for the year because of fears that the UK will leave the EU without entering into an agreement on the terms of this exit.
With less than eight months until Britain leaves the European Union, the government has yet to agree a divorce deal with Brussels and has begun talking more publicly about the prospect of leaving the bloc without any formal agreement on what happens next. (Investing.com)
Use the opportunity to earn money with the service EXPRESS NEWS TRADING from Ester!
Have a profitable Friday, Ladies and Gentlemen!
We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysis, experts’ opinions and Trade signals!
Hotline +448 000 698 464