U.S Housing starts will be announced today. It is a critical indicator of economic strength which reflects the number of privately owned new houses on which construction has been started is an important ingredient in market players expectation of next Fed move. The market expects housing starts t...
Bank of England Governor Mark Carney did not comment on the monetary policy nor the current state of the economy.
Actual: 17.5 Forecast: 18.6 Previous: 18.6
We have viewed the U.K CPI inflation data, which was disappointing. CPI (YoY) comes out at 2.6 %, it was lower than expectations. After CPI data, Sterling felt dramatically.
Actual: 2.6 % Forecast: 2.9 % Previous: 2.9 %
In the Asian Session, the US Dollar felt significantly after reports crossed the news wires announcing that two Republican senators had decided not to support the White House-backed health care reform bill, leaving it with insufficient votes for passage.
CPI Inflation will be announced today in UK. and it is expected to remain flat at 2.9% (yoy) in June. Also, we will follow The Bank of England (BoE) Gov. Carney speech. It might show us some fluctuation in GBPUSD pair after inflation report today. German ZEW index to announced today and...
Actual: 9.80 Forecast: 15.00 Previous: 19.80
Actual: 1.3 % Forecast: 1.3 % Previous: 1.3 %
Eurozone inflation will be announced today. CPI inflation is expected to be 0.0% in June which will carry y/y inflation to 1.3% as the same as a month ago. Core inflation is expected to rise to 1.1% from 0.9% a month ago. A lower than expected reading should be taken as negative for Euro....
Actual: 10.5 % Previous: 11.7 %
There is no market consensus for the unemployment rate in April however it is likely to stay quite higher than last year same month’s 9.3%. The seasonally adjusted unemployment rate in March was 11.7%. A higher than the previous jobless number would hurt Turkish Lira.
US Dollar felt immediately after the release of CPI and retail sales data. US consumer price inflation for June has come in 0.0% (MoM) / 1.6%( YoY), a lower than expected while the core rate, which strips out food and energy prices as also a little softer at 0.1% / 1.7%. This means that the annua...
Actual: - 0.2 % Forecast: 0.1 % Previous: - 0.3 %
Actual: 1.6 % Forecast: 1.7 % Previous: 1.9 %
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