GBP/USD consolidates at $1.5191

Note: This section contains information in English only.
Source: WBP Online
After a week of considerable losses, the Sterling gained 0.12% to trade at $1.5191 against the US Dollar, which is still below the levels of around $1.56 witnessed last week. Aside from the BoE's Deputy Governor for Financial Stability John Cunliffe's speech, all eyes will be on the speeches held by nine Fed officials this week, including Fed Chair Janet Yellen, Charles Evans, William Dudley, and John Williams.
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Mon, 28 Sep 2015 10:08:06 GMT

Italy's Manufacturing Confidence Index increases in September

As reported by Italy's statistical office Istat, confidence in the country's manufacturing sector stepped up in September. More precisely, the Manufacturing Confidence Index increased to 104.2 from 102.7 booked in August, thus, recording the highest level since May 2011. Economists projected 102.7. Meanwhile, the CCI reached 112.7 in the ninth month of the year from August's 109.3, recording the highest

Mon, 28 Sep 2015 09:05:10 GMT

China's industrial profits experience biggest fall since 2011

Profits earned by Chinese industrial firms declined 8.8% on an annual basis in August, after a drop of 2.9% recorded in July, said National Bureau of Statistics. Such weak performance was primarily driven by a fall in the prices for industrial goods. Industrial companies' profits with yearly revenues higher than 20 million yuan made 448.1 billion yuan in August. 

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