UK manufacturing output declined at the fastest pace on record in May as factories are grappling with the impact of the coronavirus pandemic, survey results from the Confederation of British Industry showed Thursday.
The output volume balance fell to -54 percent in May from -21 percent in April, the
Alvin Liew at UOB Group’s Global Economics & Markets Research assessed the latest US labour market report.
“The coronavirus (COVID-19) pandemic and the measures implemented to contain its spread brought the US economy to its knees, and more importantly, inflicted extensive damage to t
GBP/USD trades near two-week high, struggles to extend run-up towards 50% and 61.8% Fibonacci retracement levels.
Seller may target 200-bar SMA, monthly falling trend line during fresh declines.
GBP/USD seesaws near 1.3140 with a little movement during the Asian session on Thursday. The pair rose b