Austria Purchasing Manager Index dipped from previous 52.4 to 50.5 in August

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Aug 28, 2015

GBP/USD stuck around 1.5420, awaits UK GDP

The pound remained unresponsive to the sudden bout of selling witnessed in the US dollar, keeping GBP/USD in the same range ahead of 1.54 handle, as markets now shift attention towards the UK GDP print due to be released shortly.

FTSE subdued ahead of UK GDP

Stocks on the UK bourse remained largely subdued as an air of caution spread amongst the UK traders just ahead of the key UK growth numbers.