If euro area growth is below potential, need to pay close attention Should not be complacent about an inflationary shock in the euro area Monetary policy cannot address all problems in the world economy ECB still has ammunition but side effects of the policy are beco...
1. UK Retail Sales UK Retail Sales will be published today. UK Core Retail Sales excluding auto and gas are expected to rise to 3.4% y-o-y from 3.0% growth in the previous number. A higher than expected reading should be taken as positive for the Sterling.
Fed Chair Powell's Testify on the economy before the Joint Economic Committee; Household consumption has continued to rise The pace of job gains has slowed but remains solid Sluggish growth abroad and trade developments remain a risk to the outlook...
OPEC's Barkindo's comments that US shale production may not be as high as they expected seems to be pushing the price of crude oil higher.
The prepared remarks from Fed's Chair Powell's testimony before the joint economic committee in Congress says: Policy appropriate as long as the economy stays on track Baseline Outlook favorable but noteworthy risks remain Sluggish growth abroad, tra...
Consumer Price Index (CPI), ticked up to 1.8% on a yearly basis to come in higher than the market expectation of 1.7%. The core CPI, which excludes volatile food and energy prices, edged lower to 2.3% in the same period and missed experts' forecast of 2.4%. On a monthly basis, the CPI c...
We will closely watch the US CPI inflation figures today, which should lend further support to the notion that inflation has returned to the Fed’s target. US Consumer prices are expected to have risen 0.3% last month and 1.7% over the prior year, according to estimates. Excluding the co...
UK headline CPI comes in at -0.2% for October versus. +0.1% prior. Yearly rate eases further to 1.5%, core CPI holds steady at 1.7%
Back in September, the rumor was that the Chinese central bank will launch its digital currency in November and they quickly came out to deny that.
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