1. Service PMI Numbers We will focus on a report on activity in the service sector from Europe and US today. German Service PMI will be announced and it is expected to be 53.3 in November. While Eurozone Service PMI is expected to come out at 53.1 the same as the previo...
GBPUSD slipped below 1.27 after Prime Minister Theresa May's government was found to be in contempt of Parliament by 311 votes to 293 UK Government loses attempt to delay ruling on whether it is in contempt of Parliament over Brexit legal advice
Fed has reached its objectives as well as it ever has Labor is quite strong and healthy Expects US economy to continue to grow at a strong rate of 2.5% next year, making it the longest US expansion ever Expects price inflation to move a bit above 2%, no sign it will...
Trump: Talks with China have already started. Talks are set for 90 days after XI dinner
The construction sector activity in the UK economy grew at a faster pace than expected in November, a fresh report from Markit Economics showed on Tuesday. The final Purchasing Managers' Index (PMI) came in at 53.4 in November, up from 53.2 seen in October while surprising markets to th...
1. UK construction PMI Coming The UK construction PMI for November is due for release today, with the figure is expected to come in at 52.5 down from October’s 53.2 reading. A lower than expected reading should be taken as negative for the Sterling.
Federal Reserve Chairman Jerome Powell's planned testimony to the Joint Economic Committee on Wednesday has been canceled due to the national day of mourning for President George H.W. Bush, a committee aide said Monday. No date has been set yet for a rescheduled hearing.
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