Showing posts with label FOREX FUNDAMENTAL (GBPUSD). Show all posts
Showing posts with label FOREX FUNDAMENTAL (GBPUSD). Show all posts

Tuesday, 2 July 2013

UK official bank rate jun2008-jun2013

Ofiicial bank rate of UK for last 5 years from june 2008- june 2013 
High 5%
Low 0.5%
Average 1%

Official bank rate of UK for last 3 years from june 2010- june 2013
High 0.5%
Low 0.5%
Average 0.5%

Official bank rate of UK for last 1 year from june 2012- june 2013
High 0.5%
Low 0.5%
Average 0.5%

Wednesday, 26 June 2013

UK current account deficit (26/6/2013)

UK current account deficit.
Current account is difference between exports and imports of a country.
UK avergae quarterly deficit for last 10 years is -9.1 billion
Average quarterly deficit for last 3 years is -10.9 billion
Average quarterly deficit for last 1 year is -14.7 billion
Last quarter deficit is -14.0 billion.

It means UK is importing more and exporting less.

expected defficit for quarter april-june 2013 is -11.9 billion