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The European Central Bank's monetary policy stance is appropriate and a reassessment is not warranted at this stage, though the bank stands ready to act when required, ECB Vice-President Vitor Constancio said Monday. more...
Trading the News: U.K. Consumer Price Index (CPI) The U.K.’s Consumer Price Index (CPI) may spark a limited reaction as the headline is projected to hold steady at an annualized 2.3%, but a downtick in the core rate of inflation may weigh on GBP/USD as it encourages the Bank of England (BoE) to preserve a wait-and-see approach for monetary policy. What’s Expected: Why Is This Event Important: ...
Employment in the U.S. rose by much less than anticipated in the month of March, according to a report released by the Labor Department on Friday, although the unemployment rate still fell to its lowest level in almost ten years. The report said non-farm payroll employment climbed by 98,000 jobs in March. more...
British Prime Minister Theresa May will invoke the Article 50 of the Lisbon Treaty next Wednesday, March 29, thus formally beginning the process of exiting the European Union. more...
Reinforcing expectations of an interest rate hike by the Federal Reserve next week, the Labor Department released a report on Friday showing stronger than expected job growth in the month of February. The Labor Department said non-farm payroll employment jumped by 235,000 jobs. more...
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