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Forex Analysis Headlines

Kenya's Private Sector Contracts Further In July

Kenya’s private sector activity deteriorated for the third successive month in July, though the rate of contraction eased since June’s survey-record low, survey figures from IHS Markit showed Thursday. The seasonally adjusted Stanbic Bank Purchasing Managers’ Index, or PMI, rose ...

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Spain Services Growth Retains Strong Momentum

Spain’s services activity grew robustly in July, albeit at a slower pace compared to the previous month, amid sharp gains in new business and output, survey data from IHS Markit showed Thursday. The headline seasonally adjusted Business Activity Index fell ...

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BoE Split Again On Rate; Trims Growth Outlook

The Bank of England kept its record low interest rate unchanged in a split vote, as expected, and maintained the size of monetary stimulus. The Monetary Policy Committee, headed by Governor Mark Carney, voted 6-2 to hold the interest rate ...

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Slovakia Retail Sales Growth Improves For Fourth Month

Slovakia’s retail sales growth accelerated for the fourth straight month in June, figures from the Statistical Office of the Slovak Republic showed Thursday. Retail sales, excluding automobile trade, climbed 8.1 percent year-over-year in June, faster than the 7.8 percent gain ...

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Pound Falls After BoE Decision

As expected, the Bank of England kept its rate at a record low of 0.25 percent and asset purchase plan at GBP 435 billion. The pound fell against its major rivals after the decision. The pound was trading at 1.3175 ...

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