Before Thanksgiving day, the economic agenda is quite busy today. All eyes are on UK Chancellor of the Exchequer Philip Hammond as he delivers the Autumn Budget, the game-plan for the coming fiscal year. A downward revision in growth forecasts is expected, limiting the government abilit...
Actual: 2.0% Forecast: 0.7% Previous: 0.4%
US existing-home sales 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...
The US Dollar reached a record high of 3.9774 against the Turkish lira on rising tensions with US., EU, and inflation risks
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...
Actual: 2.7% Forecast: 2.7% Previous: 3.1%
German Producer Price Index will be published in 15 minutes. The PPI inflation (YoY) is expected to come out at 2.7%. It was at 3.1% a month ago. A lower than expected reading may amplify pressure on the single currency.
Actual: 1.4% Forecast: 1.4% Previous: 1.4%
Actual: 1.290M Forecast: 1.185M Previous: 1.135M
Actual: 1.297M Forecast: 1.247M Previous: 1.225M
The U.S. House of Representatives approved a broad package of tax cuts, which will now be debated by the Senate. Investors were still cautious, however, as the Republican majority is smaller in the Senate and no decisive action is expected until after next week Thanksgiving holiday. If...
Draghi says; Euro area in the midst of solid expansion, increasing confidence that recovery is robust Now is the right time to put the fiscal house in order Not yet at the point where inflation is self-sustained
The ECB President Draghi will give a speech at the Frankfurt European Banking Congress. US Housing starts will be announced today. It is a critical indicator of economic strength which reflects the number of privately owned new houses on which construction has been started is an importa...
Actual: 22.7 Forecast: 25.0 Previous: 27.9
Actual: 249K Forecast: 235K Previous: 239K
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