UK consumer confidence in July hits its highest in nearly 3 years ...Middle East

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The GfK consumer confidence survey hit -13 in Julyexpected -12, prior -14highest since September 2021subindex measuring consumers' willingness to make major purchases jumped 7 points, an encouraging resultJoe Staton, GfK's client strategy director:"July's consumer confidence poll suggests a note of caution as people wait to see exactly how the UK's new government will affect the wider economy and their personal finances" GBP/USD is little changed after its weak performance overnight (alongside others it should be said, the USD gained notably): This article was written by Eamonn Sheridan at www.forexlive.com.

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