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- U.K. Retail Sales to Contract for First Time in Four Months. - Will Lower Energy Prices & Faster Job/Wage Growth Boost Consumption? Trading the News: U.K. Retail Sales A contraction in U.K. Retail Sales may spur a near-term pullback in GBP/USD as it dampens the outlook for a stronger recovery in 2015. What’s Expected: Why Is This Event Important: However, we may see private-sector ...
Trading the News: U.K. Jobless Claims Change Another 25.0K contraction in U.K. Jobless Claims may encourage an improved outlook for the real economy, but the lack of stronger wage growth may generate a limited market reaction in GBP/USD as the Bank of England (BoE) remains in no rush to normalize monetary policy. What’s Expected: Why Is This Event Important: As a result, the BoE may retain a ...
- U.S. Advance Retail Sales to Contract for Second Consecutive Month. - Will Lower Energy Prices Help Boost Private-Sector Consumption? Trading the News: U.S. Advance Retail Sales Another contraction in U.S. Retail Sales may drag on the greenback and generate a near-term rebound in EUR/USD as it dampens the Fed’s scope to raise the benchmark interest rate in mid-2015. What’s Expected: Why Is This ...
- U.S. Non-Farm Payrolls (NFP) to Expand 200+K for Twelve Consecutive Months. - Average Hourly Earnings to Show the First Uptick Since July 2014. Trading the News: U.S. Non-Farm Payrolls A 230K rise in U.S. Non-Farm Payrolls (NFP) accompanied by faster wage growth may heighten the appeal of the greenback and spur a short-term selloff in EUR/USD as it boosts expectations of seeing the Federal Open Market Committee (FOMC) normalize monetary policy in mid-2015. ...
Technology companies should have "a sense of responsibility" for paying taxes, as the amount of tax paid by them is very small compared to the returns, the Bank of England governor Mark Carney told on Friday. Speaking at a panel session at the World Economic Forum Annual Meeting in Davos, Carney said that "It should be recognised that some of the biggest firms to take the most advantage of international tax rules are technology companies." ...