GDP
The Gross Domestic Product (GDP) is the broadest measure of economic activity and is a key indicator for the economy's health. The quarterly percent changes in GDP shows the growth rate of the economy as a whole.
Actual 0.20%
Forecast 0.20%
Previous 0.50%
Index of Services
Actual 1.20%
Forecast 0.90%
Previous 0.90%
The Index of Services measures the monthly movements in gross value added (GVA) of all service sectors. It has less affect on the GDP in the UK than the manufacturing sector.
so as a result of the news the sinking of the dolla on the obama speech with US debt ceiling still a major concern:
As a result dipping buying play mentioned on 24/07/2011 blog is still in play. with the 1st target being reached @ 1.6386. and 2.Target 1.6758
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