BOE
Daily wrap up – 27 September
US President Donald Trump on Wednesday offered proposals for tax adjustments that would be the largest in US history, and told reporters at the White House that they would be something special for Americans. The dollar rose over the course of today's trading, as the dollar index rose from a daily low at 92.79 to reach its highest level since August 23 at 93.40.
Daily wrap up – 14 September
14 Sep 2017 06:58 PM |The three major indexes of US stocks fell today, from their highest levels in yesterday's closing, following positive inflation data that boosted the chances of a rate hike soon. The consumer price index rose more-than-expected in August, the biggest reading in seven months, by 1.9 % on yearly basis.
British unemployment is falling to its lowest levels and fails to spur wages to rise
13 Sep 2017 11:58 AM |British unemployment fell to lowest level is 42 years of 4.3% in the three-month to July, it is the lowest reading since 1975, from a previous 4.4%. Employment levels rose by 181,000 jobs in the last three months to 32.1 million, the strongest since the last quarter of 2015, with employment rate rising to new record highs of 75.3%.
The week ahead (11-15 September)
11 Sep 2017 09:30 AM |This week the markets are looking at many important economic data that will have an impact on market movements. Below are the highlights of these events and data.
There will be no interest rate hike until 2019 according to BBC survey
4 Sep 2017 11:07 AM |The results of a survey conducted by the BBC for some economists were published. The most prominent of the following were the following:
- Most surveyed economists don't expect to raise rates until 2019, although the inflation rate remains above the Bank of England target.
Saunders, Bank of England member calls for higher interest rates to curb inflation
31 Aug 2017 11:58 AM |Michael Saunders, an external member of the Bank of England's Monetary Policy Committee, said in a speech this morning that explaining his vote to raise interest rates. He said there was a need for a modest rate hike so that high inflation would now return to its target of 2% sustainably.
What to expect from Canadian inflation data and consumer sentiment in the US?
18 Aug 2017 11:32 AM |Today's Canadian CPI data is released, as the markets priced raising interest rates again from the Bank of Canada by about 80% in the fourth quarter of this year. Markets are also waiting for the University of Michigan's consumer sentiment reading for August.
UK labor market data continue to improve
16 Aug 2017 01:12 PM |Unemployment in the UK fell to 4.4% in the three months to June from 4.5% recorded in the previous month, better than expectations for stability at the same rate as the previous month. Bringing it to the lowest level over 42 years.
UK CPI missed expectations in July
15 Aug 2017 12:07 PM |The UK consumer price index rose by 2.6% in July on yearly basis, the same as in June, but didn't match expectations of a 2.7% rise. Also, the core CPI, which excludes food and energy prices rose by 2.4% below expectations of a 2.5% rise.
Weekly Wrap Up (31 July – 4 August)
4 Aug 2017 08:21 PM |The US dollar managed at the end of the week to erase losses since the beginning of the week, following positive employment data that exceeded expectations in July. The Non-Farm Employment Change Index added 209 K jobs with the June reading revised to 231 K jobs. Also, unemployment rates were at their 16-year low of 4.3%, and the hourly wage rose by 0.3% in July.
Prices may be delayed by 5 seconds. Prices above are subject to our website terms and conditions. Prices are indicative only
© 2022 Equiti, All Rights Reserved