The UK headline consumer price inflation (CPI) surpassed expectations and rose at an annual rate of 2.9% for August. On monthly basis, the inflation jumped 0.6% as compared to a slight deceleration of 0.1% in July. After data was released, the GBPUSD pair surged dramatically...
Actual: 2.7 % Forecast: 2.5 % Previous: 2.4 %
Actual: 2.9 % Forecast: 2.8 % Previous: 2.6 %
In the UK, CPI inflation will be the main release of today. August inflation is expected to be 0.5% m/m which will support y/y inflation to 2.8% from 2.6% a month ago. Core inflation in the meantime is expected to rise from 2.5% to 2.4%. As inflation is one of the significant data and the market...
Actual: 223.2 K Forecast: 216.0 K Previous: 222.0 K
Actual: 9.72 % Previous: 9.46 %
Actual 5.1 % Forecast 5.3 % Previous 5.0 %
In Turkey GDP growth for the second quarter will be published today. The GDP growth is expected to be 5.3%. A higher than expected reading should be taken as positive/bullish for the Turkish Lira. Other important releases of today from Turkey will be the end year inflation expectation T...
Actual: 6.2 % Forecast: 6.3 % Previous: 6.3 %
Actual: 0.5 % Forecast: 0.3 % Previous: 0.0 %
The economic agenda is not so busy today. UK Manufacturing Production in July will be announced today and is expected to rise to 0.3 % from 0.0% a month ago. Any strengthening in the index amid Brexit concerns would be considered positive for the British economy. Canada...
Actual: 19.5 B Forecast: 20.3 B Previous: 21.2 B
Actual: 4.580M Forecast: 4.022 M Previous: - 5.392 M
It is expected to rise by 4.02 M this week. It may be important for oil prices which tumbled within the week. Note that oil stocks declined by 5.39 M barrels in last week.
The ECB Governor Mario just is giving a speech at the ECB press conference, with key headlines, found below: Recent Euro volatility is source of uncertainty Underlying inflation pressure remains subdued Mid-term outlook broadly unchanged EC...
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