Tuesday, 02 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
UK GDP Contracts 0.1% m/m in August, Misses Estimates
Thursday, 10 October 2019 15:59 WIB | ECONOMY |Ekonomi inggris

The UK GDP monthly release showed 0.1% contraction in August versus 0.0% expected and +0.4% previous.

Meanwhile, Index of services (August) arrived at +0.4% 3m/3m vs. +0.1% expected and +0.3% last.

The Gross Domestic Product released by the National Statistics is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity. Generally speaking, a rising trend has a positive effect on the GBP, while a falling trend is seen as negative (or bearish).

Source : FXstreet

RELATED NEWS
ISM Manufacturing PMI improves to 43.1 in May vs. 43.6 expected...
Monday, 1 June 2020 21:32 WIB

The economic activity in the US' manufacturing sector contracted at a softer pace in May than it did in April with the ISM's Manufacturing Purchasing Managers' Index (PMI) improving to 43.1 from 41.5....

U.S. GDP Contracted 5% in First Quarter Instead of 4.8%...
Thursday, 28 May 2020 19:53 WIB

The U.S. economy contracted at an annual 5% pace in the first quarter instead of 4.8%, revised government data show. A downward revision to inventory investment mostly accounted for the downward revis...

Australia Second-Quarter Employment Fall May Now Be 15% Vs Earlier 20% Estimate...
Thursday, 28 May 2020 08:20 WIB

Australian employment in the June quarter may have fallen by only 15% from a year earlier, less than a previous 20% estimate, as there are signs of job increases in the industries most affected by the...

U.K. Retail Sales Fall by a Record 18% in April, Clothing Sales Slump 50%...
Friday, 22 May 2020 13:44 WIB

A nationwide lockdown due to the coronavirus outbreak triggered a record fall in U.K. retail sales in April, the Office for National Statistics reported Friday. The volume of sales fell 18.1% in Apri...

IHS Markit : Latest U.S. PMI Data Indicate Rate Of Collapse In U.S. Economy Peaked In April...
Thursday, 21 May 2020 21:27 WIB

U.S. private sector firms reported a slightly slower rate of contraction in activity in May, according to latest PMI data from IHS Markit. The firm said its flash manufacturing purchasing index rose ...

LATEST NEWS
Gold Prices See Subdued Rise, Buoyed By Weaker Dollar As Stocks Rally

Gold futures on Tuesday were edging higher on the back of a weaker U.S. dollar, with gains capped by the precious metal by a global rise in assets perceived as risky like stocks. Commodity experts say that the yellow metal has enjoyed haven bids...

WHO Declares Latin America the New COVID Epicenter

Latin America is the new epicenter of the coronavirus pandemic, the World Health Organization declared Monday, as the region's daily death rate now exceeds that in either the United States or Europe. The WHO said Monday there are nearly 938,000...

Oil Futures Rise on Hope of Extension of Global Production Cuts

Crude-oil futures on Tuesday headed higher, at least partly supported by reports that major producers may agree to extend output cuts that terminate at the end of June to further steady oil prices. Reuters has reported that the Organization of the...

POPULAR NEWS
Gold edges lower as investors play down U.S.-China tensions
Monday, 1 June 2020 19:54 WIB

Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China...

Gold Climbs As U.S. Riots Spark Safe-Haven Rush
Monday, 1 June 2020 16:00 WIB

Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for...

Gold Rises as U.S. Riots, Hong Kong Rensions Lift Safe-Haven Appeal
Monday, 1 June 2020 09:15 WIB

Gold prices climbed on Monday as reports of riots in the United States rattled investors already reeling from the deepening China-U.S. rift, fanning...

Hong Kong Shares Open With Big Gains
Monday, 1 June 2020 08:58 WIB

Hong Kong stocks rallied at the start of trade Monday after Donald Trump stopped short of imposing sanctions on China over its plans for a security...