Turkey Central Bank has held extraordinary rate meeting
Actual: 5.778M Forecast: -1.567M Previous: -1.404M
US Crude Oil Inventories is expected to decline by 1.567 M this week. Note that oil stocks declined by 1.404 M barrels in last week. We might see some fluctuations in the Oil price today.
Actual: -1.5% Forecast: -2.0% Previous: 2.0%
Actual: 55.7 Forecast: 54.9 Previous: 54.6
Actual: 56.6 Forecast: 56.6 Previous: 56.5
CPI +2.4% vs +2.5% y/y expected Core CPI +2.1% vs +2.2% y/y expected That's a much weaker core and headline figure than expected. Sterling marked lower after UK CPI data were released
We will focus on a report on activity in the manufacturing sector today. German Manufacturing PMI will be announced and it is expected to ease to 57.9 in May compared to the previous number of 58.1 whil...
BOE's Carney says: Guidance BOE gives is conditional on Economic Outlook Households, businesses understand that rates are likely to rise at a gentle pace Q1 slowdown likely due to idiosyncratic and temporary factors It is right to wait for...
The BOE member Vlieghe says: Provided Brexit headwinds do not intensify, policy rates are likely to increase by 25 bps to 50 bps per year over the 3-year forecast period Weak Q1 did not tell very much about long-term Outlook But it was enough such th...
Saudi Oil Minister: Oil inventories have not reached comfortable levels Entering period of lower demand Will review efforts in June 2018 Saudi wants 9-mo extension No need for deeper cuts Premature to ta...
US Dollar continued to extend gains against the all major currencies. The EURUSD pair found sellers from the 1.1968 resistance level at the beginning of this week and then dropped below the major level of 1.1812. US industrial production, Building Permits, NY Empire State and Philadelphia Fed Man...
Actual: 1.5% Forecast: 1.4% Previous: 1.4%
Actual: -0.2% Forecast: 0.5% Previous: 0.0%
Actual: 2.2% Forecast: 2.3% Previous: 2.3%
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