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...
ECB statement: Sees rates at present level well past end of QE Maintains outlook without hinting at QE changes. Sees QE Running until end of December or beyond if needed QE can be increased in size duration if outlook gets worse
Actual: 0.0 % Forecast: 0.0 % Previous: 0.0 %
No rate change is expected from the ECB. Most of the focus will be on President Mario Draghi press conference 45 minutes after the announcement, as investors look for more clues on when and how the ECB could start unwinding its massive quantitative easing program.
Actual: 2.3 % Forecast: 2.2 % Previous: 2.2 %
Actual: 0.6 % Forecast: 0.6 % Previous: 0.6 %
The economic agenda is so busy today. We will focus on ECB Monetary Policy Decision and GDP growth from Eurozone. Also, UK Halifax House Price Index (YoY) (Aug) will be announced and is expected to stay flat 2.1% from a month ago. Any weakening in the index would be considered negative...
In Eurozone, the third estimate of second quarter GDP growth will be announced today. Market consensus is 0.6% q-o-q growth in the second quarter. This would lead to an annual realization of 2.2%. A better than expected realization may support EURUSD. We will focus on the ECB Monetary P...
Actual: 0.0% Forecast: 0.6% Previous - 1.1 %
Federal Reserve Vice Chairman Stanley Fischer has resigned effective in mid-October, giving President Donald Trump scope to start reshaping the leadership of the U.S. central bank sooner than expected and clouding the longer-term outlook for monetary policy.
The Bank of Canada is raising its target for the overnight rate to 1 percent. Recent economic data have been stronger than expected, supporting the Bank's view that growth in Canada is becoming more broadly-based and self-sustaining. Consumer spending remains robust, underpinned by continued...
Actual: 1.00% Forecast: 0.75% Previous: 0.75%
Actual: 55.3 Forecast: 55.4 Previous: 53.9
Actual: - 43.70B Forecast: - 44.60B Previous: - 43.50B
US Trade Balance (Jul) will be published today and it is expected to see the deficit expand to $44.60 billion from $43.60billion. We will view US Service PMI and it is expected to slightly ease to 56.8 from 56.9 a month ago. Data better than expectations may lead to some incre...
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.
© 2020 One Billion Signals All Rights Reserved