Actual: 54.9 Forecast: 55.0 Previous: 54.7
Actual: 62.5 Forecast: 60.4 Previous: 60.6
Today is Thanksgiving Day, the US Session will be slow and we will see early close to the Metals and CFD products. In Eurozone, The PMI data will be the main release to be followed today. Manufacturing PMI in November is expected to slightly ease to 58.3 from 58.5 a month ago while serv...
Actual: 2.3% Forecast: 2.6% Previous: 2.3%
The German Final GDP growth for the third quarter will be announced in 5 minutes. q/q expectation is 0.8%, same as previous reading. This stands for a y-o-y realization of 2.6%, higher than 2.3% registered in the previous number. A better realization would support EUR/USD pair which is trading ab...
According to the minutes, many of the FOMC members saw a near-term interest rate hike as warranted but a few opposed. The document showed that most participants continue to believe that a tighter labor market will ultimately lead to inflation. The meeting included a debate on broad inflation. Man...
FOMC Minutes; Many policymakers saw near-term hike as warranted; a few Fed officials opposed near-term hike on weak inflation. Many officials saw some likelihood inflation below goal for longer; tax reform plan could boost business investment.
The notes from the Federal Open Market Committee (FOMC) meeting in November will be the most significant release. The FOMC kept the benchmark interest rate at 1.00-1.25%, as expected. However, the Fed said Economic activity is rising at a solid rate, despite storms, and the labor market is contin...
Actual: -1.855 M Forecast: -1.545 M Previous: 1.854 M
Actual: 98.5 Forecast: 98.0 Previous: 97.8
US Crude oil stocks are expected to decline by 1.545 M this week. It may be important for oil prices. Note that oil stocks rose by 1.854 M barrels in last week.
Actual: 239K Forecast: 240K Previous: 247K
Actual: 0.4% Forecast: 0.5% Previous: 0.7%
UK Budget: £3 billion extra for Brexit preparations on top of £700 million already allocated. OBR expects UK employment to rise by 600,000 in work by 2022. 2017/18 Budget deficit will be 2.4% of GDP. Will be below 2% in 2018/19.
British finance minister Philip Hammond is scheduled to present the UK budget to parliament today as the country continues its negotiations for the departure from the EU. The budget is being presented during uncertain times as the UK seeks to push Brexit negotiations forward and begin t...
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