Headlines the Economic Calendar on Tuesday.
We will focus on the UK Inflation Report Hearings today. the BOE Governor Carney and several MPC members testify on the latest inflation report and the economic outlook before Parliament's Treasury Committee. That might prove negative for the British Pound as policymakers justify a broadly dovish posture despite increasingly above-target inflation.
US existing-home sales will be released today. It measures monthly sales of previously owned single-family homes and is expected to come out 0.7% m/m in October, as the same as the previous number. If it posts a weak performance as indicated by consensus estimate, it would be considered negative for the US, positive for EM
21 Nov 17 (Tue)
06:33 am
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