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Trading the News: U.K. Consumer Price Index (CPI) GBP/USD may stage a larger recovery over the next 24-hours of trading as market participants forecast the headline & core U.K. Consumer Price Index (CPI) to uptick in July. Indeed, signs of stronger inflation may undermine expectations for a material shift in the monetary policy outlook amid the rift within the Bank of England (BoE). What’s Expected: Why Is ...
Inflation in New Zealand was up 0.4 percent on year in the second quarter of 2016, Statistics New Zealand said on Monday. NZD/USD M5: 54 pips price movement by New Zealand CPI news event more...
Industrial production in China jumped 6.2 percent on year in June, the National Bureau of Statistics said on Friday. more...
The unemployment rate in Australia was a seasonally adjusted 5.8 percent in June, the Australian Bureau of Statistics said on Thursday. more...
Trading the News: Bank of England Interest Rate Decision According to a Bloomberg News survey 30 of the 54 economists polled forecast the Bank of England (BoE) to reduce the benchmark interest rate to a fresh record-low, and GBP/USD stands at risk of facing additional headwinds over the near to medium-term should the central bank revert back to its easing cycle. What’s Expected: Why Is This Event Important: ...
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