GBP/EUR reaches 1.1621

- 29th January '10

IN THE UK

A weak Euro see’s GBP/EUR reaches a 5months high hitting €1.1621
GFK Consumer Confidence at -17 (-19 previously)
Nationwide HPI 1.2%m/m from 0.5% (expected 0.4%) 


 

IN THE US

GBP/USD rises above $1.62 as investors move into equities.
US Advanced GDP figure expected at 4.5%q/q - y/y (2.2% previously)
New Unemployment Claims at 470K from 478K (expected 450K)
Chicago PMI expected at 57.3 (58.7 previously) 
 

IN THE EU

Greek Prime Minster George Papandreou attacks EU speculators with ‘ulterior motives’
M3 Money Supply at -0.2%y/y from -0.2% (expected -0.6%)
CPI Flash Estimates expected at 1.2%y/y (0.9% previously)
Unemployment expected 10% at 10.2% (10.0% previously)

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