Posts Tagged ‘Public’
GBP/USD: Trading the Change in U.K. Public Sector Net Borrowing
As the ballooning budget deficit in the U.K. drags on the long-term outlook for the economy, a record rise in public sector borrowing could spark increased volatility in the exchange rate as investors weigh the prospects for future growth.
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GBP/USD: Trading the U.K. Public Finances Report
Public sector borrowing in the U.K. is forecasted to rise GBP 10.9B in April after expanding GBP 23.5B in the previous month but at the same time, a separate report by the BoE is expected to show mortgage approvals by the major banks in the U.K. rise 54K after increasing 52K in March as the government continues to support the real economy.
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