Annual Budget Release - (GBP) - 08/07

 

What is it? This document outlines the government's budget for the year, including expected spending and income levels, borrowing levels, financial objectives, and planned investments. Domestic government spending and borrowing levels can have a significant impact on the economy - increased spending generates work for contractors and creates jobs, while borrowing levels impact the nations credit rating and provide insight into the nation's underlying fiscal position.

When? At 7:30am Eastern Time.

Trading Tip: This announcement can greatly affect the GBP so make sure to follow it!

  

 

 

Ask us about our FREE financial advice program: ChatButton

 

Other Top Stories:

Will Twitter's Share Crash?

Technical Analysis Lesson 1 - Introduction

How I Made Over $30,000 a Year by Investing in Binary Options

 

Follow us and SHARE this story on Facebook:   

 

 

 

Please publish modules in offcanvas position.