Trading news

U.K's public sector net borrowing to 4.30B

United Kingdom

U.K's public sector net borrowing declined from 9.24B to 4.30B. The economists estimated the nation's indicator to drop to 5.90B.

The CBI industrial trends orders appreciated from -17 to -3 and did not match the analysts' predictions for a rise to -9.

U.S. dollar weakens

The U.S dollar dropped after the traders have taken their profit from the currency's recent upside rally. The nation's index traded to 100.91.

The USD/JPY traded lower to 110.72. The EUR/USD traded at 1.0638 and was lower than Friday's 1.0568 area. The GBP/USD traded at 1.2448, 0.32% weaker.

Oil prices higher

West Texas Intermediate (WTI) crude futures traded to $48.38 per barrel, rising 14 cents, and Brent crude oil futures at $49.12, appreciating 22 cents.

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Tuesday, 22 Nov, 2016 / 1:26

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/u.k-s-public-sector-net-borrowing-to-4.30b

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