Daily Forex News

UK Q3 GDP unchanged. Yearly GDP Revised to 1.9%

Third quarter GDP revision for the UK came in unchanged at 0.8% while the economic growth between the periods of Q3 2012 through Q3 2013 saw an upward revision to 1.9%, by 0.4 points. ...
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Trade Balance and Current Accounts Explained

Trade balance or balance of trade is defined as the currency flow between countries. The currency flow is generated via international trade and transactions that arise out of it. In ...
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UK Public Sector Borrowing highest in August at £14.41bn

UK Public Sector net borrowing was £14.4 billion in August 2012, coming out on par with August 2011 in comparison. The report released by the ONS said that the public sector current ...
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UK Trade Deficit for July shrinks

Latest trade numbers from the UK showed a narrowing trade deficit at £1.5 billion for July, a much needed respite considering the June’s spike. July’s goods export surged ...
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