Parliamentary Election

The U.K. Parliamentary Election released by the United Kingdom Parliament elects 650 members to the United Kingdom's Lower House of Parliament. It is a significant event to determine the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth in the u.K. The election might affect the GBP volatility.

Thursday 4 July 2024 00:00

Trading range

Past events

Date
Thursday 4 July 2024 00:00

Economic context

Recent economic data has been moderately bearish for GBP. The following recent announcements may affect the market reaction to Parliamentary Election:

PreviousLatest
S&P Global Composite PMIBearish change52.250.5
S&P Global Manufacturing PMIBullish change49.750.2
S&P Global Services PMIBearish change52.350.5
Retail Sales (MoM)Bearish change0.7%-1.1%
Retail Sales (YoY)Bearish change1%0.2%
Retail Sales ex-Fuel (MoM)Bearish change0.7%-1%
Retail Sales ex-Fuel (YoY)Bearish change1.7%1.2%
GfK Consumer ConfidenceBearish change-17-19
Consumer Price Index (MoM)Bullish change0%0.4%
Consumer Price Index (YoY)Bearish change3.8%3.6%
Core Consumer Price Index (YoY)Bearish change3.5%3.4%
PPI Core Output (MoM) n.s.aBullish change0%0.1%
PPI Core Output (YoY) n.s.a Bullish change3.5%3.6%
Producer Price Index - Output (MoM) n.s.a(no change)0%0%
Producer Price Index - Output (YoY) n.s.aBullish change3.5%3.6%
Retail Price Index (MoM)Bullish change-0.4%0.3%
Retail Price Index (YoY)Bearish change4.5%4.3%

About Parliamentary Election

Country:United Kingdom
Currency:GBP
Source:
Category:Politics
Frequency:Irregular
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