British Trade Deficit Rises

The just released downbeat domestic trade numbers has shown that the BoE Deputy Governor, Charlie Bean’s anxiety regarding the strength of the Pound are valid. However, with little possibility of the BoE intervening to clamp down the Pound’s rise, the focus will now shift towards next week’s Budget Speech by the UK Chancellor, George Osborne for further direction. Across the Atlantic, positive economic data of late has undoubtedly lessened the pressure on the Fed to slow down the pace of QE3 tapering in its monetary policy meeting next week. In the Euro zone, today’s German inflation report has confirmed the weakness in the inflationary trend in the nation. Against this backdrop, next week’s Euro zone inflation report will be keenly eyed by markets.

British Trade Deficit Rises

The just released downbeat domestic trade numbers has shown that the BoE Deputy Governor, Charlie Bean’s anxiety regarding the strength of the Pound are valid. However, with little possibility of the BoE intervening to clamp down the Pound’s rise, the focus will now shift towards next week’s Budget Speech by the UK Chancellor, George Osborne for further direction. Across the Atlantic, positive economic data of late has undoubtedly lessened the pressure on the Fed to slow down the pace of QE3 tapering in its monetary policy meeting next week. In the Euro zone, today’s German inflation report has confirmed the weakness in the inflationary trend in the nation. Against this backdrop, next week’s Euro zone inflation report will be keenly eyed by markets.

British Trade Deficit Rises

The just released downbeat domestic trade numbers has shown that the BoE Deputy Governor, Charlie Bean’s anxiety regarding the strength of the Pound are valid. However, with little possibility of the BoE intervening to clamp down the Pound’s rise, the focus will now shift towards next week’s Budget Speech by the UK Chancellor, George Osborne for further direction. Across the Atlantic, positive economic data of late has undoubtedly lessened the pressure on the Fed to slow down the pace of QE3 tapering in its monetary policy meeting next week. In the Euro zone, today’s German inflation report has confirmed the weakness in the inflationary trend in the nation. Against this backdrop, next week’s Euro zone inflation report will be keenly eyed by markets.

British Trade Deficit Rises

The just released downbeat domestic trade numbers has shown that the BoE Deputy Governor, Charlie Bean’s anxiety regarding the strength of the Pound are valid. However, with little possibility of the BoE intervening to clamp down the Pound’s rise, the focus will now shift towards next week’s Budget Speech by the UK Chancellor, George Osborne for further direction. Across the Atlantic, positive economic data of late has undoubtedly lessened the pressure on the Fed to slow down the pace of QE3 tapering in its monetary policy meeting next week. In the Euro zone, today’s German inflation report has confirmed the weakness in the inflationary trend in the nation. Against this backdrop, next week’s Euro zone inflation report will be keenly eyed by markets.

British Trade Deficit Rises

The just released downbeat domestic trade numbers has shown that the BoE Deputy Governor, Charlie Bean’s anxiety regarding the strength of the Pound are valid. However, with little possibility of the BoE intervening to clamp down the Pound’s rise, the focus will now shift towards next week’s Budget Speech by the UK Chancellor, George Osborne for further direction. Across the Atlantic, positive economic data of late has undoubtedly lessened the pressure on the Fed to slow down the pace of QE3 tapering in its monetary policy meeting next week. In the Euro zone, today’s German inflation report has confirmed the weakness in the inflationary trend in the nation. Against this backdrop, next week’s Euro zone inflation report will be keenly eyed by markets.