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UK Business Confidence Reaches Six Year High

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Business confidence in the UK is at its highest level since 2007, the latest economic survey from a leading business group has suggested.

The quarterly survey from the British Chambers of Commerce (BCC) is the latest indication that the UK’s economic recovery is strengthening.

There was further good news from a survey of the UK’s construction sector.

The Markit/CIPS purchasing managers’ index indicated the sector grew for the second month in a row in June.

via BBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza

@alfonso_forex

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