Here are the key factors to keep in mind today for British Pound trades:
- British Net Consumer Credit and Net Lending Securities on Dwellings: British Net Consumer Credit for February was reported at £1.3 billion and Net Lending Securities on Dwellings at £3.6 billion. Economists predicted a figure of £1.3 billion and £3.6 billion. Forex traders can compare this to British Net Consumer Credit for January which was reported at £1.6 billion and Net Lending Securities on Dwellings which was reported at £3.7 billion.
- British Mortgage Approvals: British Mortgage Approvals for February were reported at 73,100. Economists predicted a figure of 73,500. Forex traders can compare this to British Mortgage Approvals for January which were reported at 74,100.
- British GDP: The final British GDP for the fourth-quarter increased by 0.6% quarterly and by 2.1% annualized. Economists predicted an increase of 0.5% quarterly and 1.9% annualized. Forex traders can compare this to the first British GDP for the fourth-quarter which increased by 0.5% quarterly and by 2.1% annualized. Final Total Business Investment for the fourth-quarter decreased by 2.0% quarterly and increased by 2.4% annualized. Economists predicted a decrease of 2.1% quarterly and an increase of 2.4% annualized. Forex traders can compare this to the first Total Business Investment for the fourth-quarter which decreased by 2.1% quarterly and increased by 2.4% annualized.
Here are the key factors to keep in mind today for Australian Dollar trades:
- Australian HIA New Home Sales: Australian HIA New Home Sales for February decreased by 5.3% monthly. Forex traders can compare this to Australian HIA New Home Sales for January which decreased by 0.6%monthly.
- Australian Private Sector Credit: Australian Private Sector Credit for February increased by 0.6% monthly and by 6.6% annualzied. Economists predicted an increase of 0.5% monthly and 6.5% annualzied. Forex traders can compare this to Australian Private Sector Credit for Janaury which increased by 0.5% monthly and by 6.5% annualized.
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