UK car production -27% y/y in August – semiconductor chip shortage
Data from the Society of Motor Manufacturers and Traders (SMMT) in the UK. The drop caused by: And the outlook is not positive for the coming months, or more, SMMT says:
Read More »UK warned visa plan to fix truck driver shortage will not solve crunch
Original source: https://www.investing.com/news/stock-market-news/uk-warned-visa-plan-to-fix-truck-driver-shortage-will-not-solve-crunch-2626581
Read More »GBP/JPY holds onto recovery moves around 152.00 ahead of UK data dump
GBP/JPY bulls attach 152.00, up 0.08% intraday during Friday’s Asian session after rising the most in a week the previous day. While US Treasury yield
Read More »UK firms want immigration rules relaxed to ease job market tightness
Reuters report on the urgings of the Confederation of British Industry Bolding mine. CBI says training workers takes too long, better to get cheap labour from offshore. .
Read More »UK government rejects call for new visas to ease post-Brexit truck driver shortage
Original source: https://www.investing.com/news/stock-market-news/uk-mulls-easing-postbrexit-immigration-rules-to-end-truck-driver-shortage-the-times-2602155
Read More »Pound Sterling Price News and Forecast GBP/USD: Britain’s Big Bang gamble, Fed decision critical for next moves
GBP/USD attracted some dip-buying on Friday amid a subdued USD price action. The risk-on impulse in the markets acted as a headwind for the safe-haven
Read More »UK daily coronavirus testing to combat the ‘pingdemic’
What is the pingdemic? This from earlier in the week is a catch up: The test-and-trace ‘pingdemic’ threatening UK business Reuters report now on other efforts to counter, and why:
Read More »GBP/JPY directs three-day downtrend towards 152.00 ahead of UK employment data
GBP/JPY stays on the back foot for the third consecutive day, down 0.15% intraday around 152.15, amid the initial Tokyo open on Thursday. In doing so,
Read More »Binance BANNED! UK Prohibits Crypto Trading
Binance banned in the UK (largest crypto exchange in the world). It is news of several days ago. We learned that Binance, one of the largest companies in the UK…
Read More »PCE Data, the US Open & more – Live Analysis
Monday (May 31) is a holiday for the UK and North American markets, so many traders will be balancing end of month positions today, adding potential volatility for the final…
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