Bank of England leaves monetary policy unchanged
1. BoE Interest Rate Decision The Bank of England monetary policy committee will announce the results of its latest meeting today. The BoE is expected to leave interest rates unchanged again. Investors will also look for clues about future inflation expectations....
US weekly oil inventories -7990K vs -2000K expected
Crude oil stocks today to be published in the U.S and it is expected to fall by -2.346M this week. If we look at last week data; oil stocks rose by 0.090M barrels. It will be important for oil prices.
Actual: 62.7 Expected: 64.3 Previous: 63.7
US Markit Services PMI Final 64.7, Exp. 63.1
U.S ADP NONFARM EMPLOYMENT CHANGE (APR) ACTUAL: 742K VS 517K PREVIOUS; EST 850K
We will focus on the release of ADP measure of private-sector employment for April. The ADP data is expected to rise by 800K last month, up from a gain of 517K in April. A higher than expected reading should be taken as positive for the US Dollar.
USTR TAI SAYS EXPECTS TO HAVE CONTACT WITH SENIOR CHINESE TRADE OFFICIALS IN NEAR TERM
ARAMCO CUTS ALL JUNE OIL PRICING TO ASIA BY $0.10-$0.30/BBL
1. Service PMI Numbers We will focus on a report on activity in the service sector today. German Service PMI will be announced and it is expected to come out at 50.1 in the previous number while Eurozone Service PMI is expected to be 50.3. A reading below 50 i...
Treasury Sec. Yellen: - President Biden is addressing long-standing problems in the US economy - These problems have festered for too long - High price tags will be spread out over years - Not all spending will be deficit spending
YELLEN SAYS RATES MAY HAVE TO RISE TO STOP ECONOMY OVERHEATING
US March factory orders +1.1% vs +1.3% expected
1.UK Manufacturing PMI Number Focus on a report on activity in the manufacturing sector. UK Manufacturing PMI for April is expected to stay at 60.7. A reading above 50 indicates expansion in the sector. 2. Canada Building Permits In...
Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.
© 2021 One Billion Signals All Rights Reserved