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Trading the News: U.K. Consumer Price Index (CPI) Another uptick in the U.K. Consumer Price Index (CPI) accompanied by a pickup in the core rate of inflation may boost the appeal of the sterling and spur a larger rebound in GBP/USD as it puts increased pressure on the Bank of England (BoE) to normalize monetary policy sooner rather than later. What’s Expected: Why Is This Event Important: Even ...
Consumer prices in China were up 2.3 percent on year in March, the National Bureau of Statistics said on Monday. more...
The total number of home loans in Australia was up a seasonally adjusted 1.5 percent on month in February, the Australian Bureau of Statistics said on Monday - standing at 56,924. more...
Trading the News: U.S. Non-Farm Payrolls Another 205K expansion in Non-Farm Payrolls (NFP) may heighten the appeal of the greenback and spur a near-term pullback in EUR/USD as it puts increased pressure on the Federal Open Market Committee (FOMC) to further normalize monetary. What’s Expected: Why Is This Event Important: Market participants may pay increased attention to Average Hourly Earnings ...
Unemployment has decreased, according to the latest figures. Here is a question: if the unemployment rate drops, is everyone happy? Suppose that, in a very small country, 380 people are either working or would like to work (this group is the labour force), and suppose 38 of these are unemployed. The unemployment rate is 38 out of 380, or 10%: that is the ratio of the unemployed to the labour force. Here are two scenarios. ...
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