Market News

UK Services PMI (Oct) will be announced in 30 minutes.

In the UK, Services PMI for October is expected to ease to 53.3 from 53.6 a month ago. Any weakening in the index would be considered negative for the British economy and hurt GBP/USD.

03 Nov 17 (Fri)

09:03 am

Get Ready For US Non-Farm Payrolls Report!

Investors will focus on U.S. Non-Farm Payrolls today. It will be announced at 12:30 p.m. (GMT) and the Jobs Report is a significant determinant of Fed rate hike in December The employment data is expected to show a strong in jobs growth after Hurricanes Harvey and Irma impacted the Sept...

03 Nov 17 (Fri)

07:07 am

Turkey CPI (YoY) (Oct)

Actual: 11.90% Forecast: 11.50% Previous: 11.20%

03 Nov 17 (Fri)

07:04 am

Trump selects Powell for FED chairman

Donald Trump plans to nominate Federal Reserve governor Powell to the top job the US central bank.

02 Nov 17 (Thu)

07:34 pm

Highlights of the US tax plan

House GOP tax plan would cut corporate tax rate to 20% Standard deduction doubled Would create a new family tax credit for $1600 Brackets at 12%, 25%, 35% and 39.6% The 39.6% bracket starts at $1 million for married couples (more than double prior $470K lim...

02 Nov 17 (Thu)

02:23 pm

Trump Expected to Name Powell as Next Fed Chair

President Donald Trump is widely expected to nominate current Federal Reserve Governor Jerome Powell as the next head of the U.S. central bank Powell, who had been widely reported over the last week to be the front-runner, will replace Janet Yellen when her term ends in Feb. 2018....

02 Nov 17 (Thu)

01:22 pm

The BOE Gov. Carney Speaks

The BOE governor Carney is now speaking at press conference Domestic CPI pressures likely to build in coming years. No reason to think rate impact to be larger than usual Time has come for BOE to take the foot off the accelerator. Household...

02 Nov 17 (Thu)

12:39 pm

US Initial Jobless Claims

Actual: 229K Forecast: 235K Previous: 233K

02 Nov 17 (Thu)

12:31 pm

Bank Of England Hikes Rates To 0.5%

Bank Of England Hikes Rates To 0.5% In 7-2 Vote; First Rate Increase In Over 10 years BOE Inflation Report: CPI to peak at 3.2% in Oct vs c.3% previous forecast Considerable risks to outlook from Brexit. GDP rising 1.6% in 2018, 1.7% in 20...

02 Nov 17 (Thu)

12:08 pm

The BOE Rate Decision

The BoE hikes interest rates by 25 basis points and doubles the benchmark UK Bank Rate to 0.5%. Actual:  0.50 % Forecast: 0.50 % Previous: 0.25 %

02 Nov 17 (Thu)

12:01 pm

The BoE Rate Decision will be released in an hour

The Bank of England will announce its rate decision. The market expects the BoE hikes interest rates by 25 basis points and doubles the benchmark UK Bank Rate to 0.5%. This is the first time in more than 10 years due to the recent surge in inflation. Note though that no change is expected in eith...

02 Nov 17 (Thu)

10:59 am

UK Construction PMI (Oct)

Actual: 50.8 Forecast: 48.1 Previous: 48.1  

02 Nov 17 (Thu)

09:30 am

German Manufacturing PMI (Oct)

Actual: 60.6 Forecast: 60.5 Previous: 60.5

02 Nov 17 (Thu)

08:55 am

German Unemployment Rate (Oct)

Actual: 5.6% Forecast: 5.6% Previous: 5.6%

02 Nov 17 (Thu)

08:55 am

Headlines the Economic Calendar on Thursday

German Unemployment rate will be announced today. The market expects the unemployment rate to be 5.6% as the same as a month ago. Also, German Manufacturing PMI will be announced and it is expected to stay at 60.5 in October according to preliminary numbers. Better than expected realiza...

02 Nov 17 (Thu)

06:14 am

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