CurrencyShares British Pound Sterling Trust ETF (FXB) - NYSEARCA
  • Mar. 19, 2014, 3:39 PM
    | Mar. 19, 2014, 3:39 PM
  • Mar. 19, 2014, 5:39 AM
    • U.K. unemployment for the three months to January has held steady at 7.2%, as expected. (PR)
    • Meanwhile, the Bank of England's Monetary Policy Committee voted unanimously - also as expected - to keep interest rates at 0.5% and against more quantitative easing at a meeting earlier this month, the minutes of the meeting show. (PR)
    • The pound is +0.2% at $1.6626 and the FTSE is -0.2%.
    • ETFs: FXB, EWU, GBB, FKU, EWUS, DXPS, DBUK
    | Mar. 19, 2014, 5:39 AM
  • Mar. 18, 2014, 9:53 AM
    • Ben Broadbent joined the Bank of England's Monetary Policy Committee in 2011. Prior to that, he spent a decade at (you guessed it) Goldman Sachs.
    • His new role as deputy governor for monetary policy will have him guiding the central bank's research and analysis to help the MPC will policy decisions. A professorial type, watchers will be evaluating how he handles these management duties.
    • How does he lean? Hawkish, maybe? In July 2012, he was one of two MPC members voting against a boost to the bank's QE program.
    • ETFs: EWU, EWUS, FKU, DXPS, DBUK, FXB, GBB
    | Mar. 18, 2014, 9:53 AM
  • Mar. 11, 2014, 5:36 AM
    • U.K. industrial production +0.1% on month in January vs +0.5% in December and consensus of +0.2%. On year, output +2.9% vs +1.9% and +3%.
    • Manufacturing production +0.4% on month vs +0.4% and +0.3%. On year, output +3.3% vs +1.4% and +3.3%.
    • The pound is -0.1% at $1.6633, while the FTSE 100 is -0.2%. (PR)
    • ETFs: EWU, EWUS, FKU, DXPS, DBUK, FXB, GBB
    | Mar. 11, 2014, 5:36 AM
  • Mar. 5, 2014, 4:40 AM
    • U.K. services PMI slipped to 58.2 in February from 58.3 but topped consensus of 58.
    • The strong performance was "all the more remarkable," says Markit, given the weather disruptions that affected many businesses.
    • "Alongside vibrant growth in manufacturing and construction, the upbeat picture of the services economy points to the country enjoying another quarter of robust economic growth of approximately 0.7%," says Markit.
    • The FTSE 100 is -0.35% while the pound is +0.1% at $1.6686. (PR)
    • ETFs: FXB, EWU, GBB, EWUS, FKU, DXPS, DBUK
    | Mar. 5, 2014, 4:40 AM
  • Mar. 3, 2014, 3:05 PM
    | Mar. 3, 2014, 3:05 PM | 3 Comments
  • Mar. 3, 2014, 4:36 AM
    • U.K. manufacturing PMI has edged up to the highest level in almost three years, rising to 56.9 in February from 56.7 in January and topping consensus of 56.5.
    • Output and new orders grew strongly, while job creation hit a 33-month record.
    • The data provides "welcome reassurance that the sector has weathered the storms and flooding in parts of the country during the month," says Markit.
    • The pound gets a lift from earlier lows and is flat at $1.674, while the FTSE 100 is -1%. (PR)
    • ETFs: FXB, EWU, GBB, EWUS, FKU, DXPS, DBUK
    | Mar. 3, 2014, 4:36 AM
  • Feb. 26, 2014, 4:46 AM
    • The U.K. confirms a preliminary estimate that Q4 GDP grew 0.7% on quarter vs +0.8% in Q3.
    • On year, GDP +2.7% vs +2.8% previous estimate and +1.9% in Q3. (PR)
    • Total business investment +2.4% in Q4 vs +2% in Q3 and consensus of +2.6%; on year, investment +8.5% vs -5.3% in Q3. (PR)
    • The FTSE 100 is -0.4% and the pound is flat at $1.6686.
    • ETFs: FXB, EWU, GBB, EWUS, FKU, DXPS, DBUK
    | Feb. 26, 2014, 4:46 AM
  • Feb. 21, 2014, 4:43 AM
    • The U.K. ran a Public Sector surplus of £6.425B in January following a deficit of £9.03B in December, although consensus was for a surplus of £9B. (PR)
    • Retail sales -1.5% on month in January vs +2.5% in December and consensus of -1%. On year, sales +4.3% vs +5.3% and +5%.
    • Excluding fuel, sales -1.5% on month vs+2.7% and -1.4%; on year, sales +4.8% vs +6.1% and +5%. (PR)
    • The pound jumps a bit off an earlier low and is +0.2% at $1.668, while the FTSE is +0.5%.
    • ETFs: FXB, EWU, GBB, EWUS, FKU, DXPS, DBUK
    | Feb. 21, 2014, 4:43 AM
  • Feb. 20, 2014, 8:20 AM
    • Households should prepare themselves for a likely increase in interest rates "next spring," Bank of England MPC member Martin Weale tells Ed Conway (Conway promises the rest of the story later this morning).
    • Off nicely earlier, cable (FXB) is back to flat on session at $1.6677, and continues a big bull run begun last summer as tighter monetary policy began to be priced in.
    • U.K. ETFs: EWU, EWUS, FKU, DXPS, DBUK, FXB, GBB
    | Feb. 20, 2014, 8:20 AM
  • Feb. 19, 2014, 4:42 AM
    • U.K. unemployment for the three months to December unexpectedly rose to 7.2% from 7.1% previously and topped estimates that were 7.1% also. (PR)
    • Meanwhile, the Bank of England's Monetary Policy Committee voted unanimously - as expected - to keep interest rates at 0.5% and against more quantitative easing at a meeting earlier this month, the minutes of the meeting show.
    • The pound slides vs the dollar and is -0.1% at $1.6677; the FTSE is +0.1%.
    • ETFs: FXB, EWU, GBB, FKU, EWUS, DXPS, DBUK
    | Feb. 19, 2014, 4:42 AM | 1 Comment
  • Feb. 18, 2014, 4:53 AM
    • U.K. inflation has fallen below the Bank of England's target of 2% for the first time since November 2009, dropping to 1.9% on year in January from 2% in December and undershooting consensus that was also 2%.
    • On month, CPI exhibited deflationary tendencies, declining 0.6% vs a rise of 0.4% previously and consensus of -0.5%.
    • Core CPI +1.6% on year vs +1.7% and +1.9%.
    • The fall in inflation was due to lower prices for recreational goods & services, furniture & household goods and alcoholic beverages & tobacco. These factors were partially offset by increases for miscellaneous goods and services. (PR)
    • Factory output prices (PPI) fell 0.3% on month vs flat and +0.1%. (PR)
    • The pound slides vs the dollar and is -0.3% at $1.6664, while the FTSE 100 is -0.2%.
    • ETFs: FXB, EWU, GBB, IHY, HYXU, EWUS, PGHY, FKU, DXPS, DBUK
    | Feb. 18, 2014, 4:53 AM
  • Feb. 12, 2014, 7:16 AM
    • The Bank of England has increased its outlook for the U.K. economy, predicting that 2014 GDP will grow 3.4% vs a previous forecast of 2.8%.
    • However, Governor Mark Carney indicated that the recovery is neither balanced nor sustainable, and with spare capacity high and inflation benign, the degree of stimulus will need to remain "exceptional" for some time.
    • The BOE had said it would keep interest rates low until unemployment falls to at least 7%.
    • The pound spikes following Carney's comments and is +0.4% at $1.6524. The FTSE 100 is +0.1%.
    • BOE inflation report
    • ETFs: FXB, EWU, GBB, EWUS, FKU, DXPS, DBUK
    | Feb. 12, 2014, 7:16 AM
  • Feb. 7, 2014, 4:52 AM
    • U.K. industrial production +0.4% on month in December vs -0.1% in November and consensus of +0.6%. On year, output +1.8% vs +2.1% and +2.3%.
    • Manufacturing production +0.3% on month vs -0.1% and +0.6%. On year, output +1.5% vs +2.2% and +2.3%. (PR)
    • Total trade deficit £1.03B vs £3.58B in November; exports +2.1%, imports -3.8%.
    • Goods trade deficit £7.72B vs £9.78B in November and consensus of £9.3B.
    • Services surplus £6.7B. (PR)
    • The pound is +0.1% at $1.6344, while the FTSE 100 is +0.2%.
    • ETFs: EWU, EWUS, FKU, DXPS, DBUK, FXB, GBB
    | Feb. 7, 2014, 4:52 AM
  • Feb. 6, 2014, 7:07 AM
    • As expected, the Bank of England leaves its benchmark rate at 0.5% and its QE program dormant at £375B.
    • The pound is -0.1% at $1.6292, while the FTSE 100 is +1%. (PR)
    • Related ETFs: FXB, EWU, GBB, EWUS, FKU, DXPS, DBUK
    | Feb. 6, 2014, 7:07 AM
  • Feb. 4, 2014, 4:43 AM
    • U.K. construction PMI has jumped to a 6 1/2 year high of 64.6 in January from 62.1 in December and blown away consensus for a fall to 61.5.
    • Job creation rebounded, while output and new-business growth was the fastest since the summer of 2007.
    • "Housing activity growth was the highest in a decade and remains the fastest improving area of construction," says David Noble of the Chartered Institute of Purchasing & Supply. "This was supported by a solid expansion in civil engineering and commercial activity."
    • The only concern is the pressure on suppliers to meet the rush in demand.
    • The pound jumps vs the dollar and is +0.2% at $1.633, while the FTSE 100 is -0.2% but off earlier lows. (PR)
    • ETFs: FXB, EWU, GBB, EWUS, FKU, DXPS, DBUK
    | Feb. 4, 2014, 4:43 AM
FXB Description
CurrencyShares British Pound Sterling Trust is designed to track the price of the British Pound Sterling net of Trust expenses, which are expected to be paid from interest earned on the deposited British Pound Sterlings.
See more details on sponsor's website
Country: United Kingdom
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