Market News

Headlines the Economic Calendar on Friday


In the UK, Manufacturing Production for December will be announced today and it is expected to ease to 0.3% from 0.4% a month ago on a month-on-month basis.  A lower than expected reading should be taken as negative for the Sterling. Another important release of today will be Trade Bala...

09 Feb 18 (Fri)

06:42 am

China Inflation eases in January.


China producer and consumer inflation eased as expected in January, The producer price index (PPI) rose 4.3 percent from a year earlier, the smallest rise in 14 months and compared with 4.9 percent in December. On a monthly basis, the PPI rose 0.3 percent in January, less than half the...

09 Feb 18 (Fri)

06:17 am

GBPUSD skyrockets after the BoE Meeting


The Hawkish BoE Policy Meeting has given the Sterling a big boost today. The GBPUSD pair found buyers from the daily support level of 1.3880 and then rose above 1.40

08 Feb 18 (Thu)

01:45 pm

US Initial Jobless Claims


Actual: 221K Forecast: 236K Previous: 230K

08 Feb 18 (Thu)

01:30 pm

The BoE Gov. Carney Speech


BoE Gov. Carney speaks at the press conference Global economic growth stronger, broader than for some time UK inflation could rise back above 3% in the short term investment restrained by Brexit uncertainty Demand growth to exceed supply gr...

08 Feb 18 (Thu)

12:39 pm

The BOE leaves key rates and QE on hold. Vote 9-0


GBP BOE Asset Purchase Target  (FEB) Actual: 435b  Expected: 435b  Previous: 435b  BOE inflation report:  Inflation seen at 2.28% in one year's time,  2.16% in two year's time,  2.11% in three year's time The...

08 Feb 18 (Thu)

12:01 pm

The BoE Interest Rate Decision (Feb)


Actual:  0.50 % Forecast: 0.50 % Previous: 0.50 %

08 Feb 18 (Thu)

12:00 pm

The BoE Rate decision will be published in 30 minutes.


The market expects the BoE keeps unchanged their benchmark interest rates at 0.5%. Also, note though that no change is expected in either the bank’s £435 billion government bond-buying or its £10 billion corporate bond purchases. Moreover, the BoE Quarterly Inflation Report will be sign...

08 Feb 18 (Thu)

11:31 am

Decision Time For The Bank Of England


The Bank of England will announce its rate decision today. The market expects the BoE keeps unchanged their benchmark interest rates at 0.5%. Also, note though that no change is expected in either the bank’s £435 billion government bond-buying or its £10 billion corporate bond purchases. ...

08 Feb 18 (Thu)

07:15 am

German Trade Balance (Dec)


Actual: 21.4B Forecast: 20.4B Previous: 22.3B

08 Feb 18 (Thu)

07:01 am

RBNZ Keeps Cash Rate Unchanged at 1.75%


The New Zealand dollar fell to four-week lows after New Zealand central bank lowered its forecasts for inflation right out to 2020  The key points in the RBNZ statement; Longer-term inflation expectations remain well anchored at around 2%​ Futur...

08 Feb 18 (Thu)

06:50 am

German Industrial Production (MoM) (Oct)


Actual: -1.4% Forecast: 1.0% Previous: -0.9%

08 Feb 18 (Thu)

06:41 am

German Trade balance will be announced in 20 minutes.


German Trade balance for December is expected to ease to 20.4B from 22.3B. A lower than expected realizations would be negative for EURUSD pair.

08 Feb 18 (Thu)

06:41 am

The New Zealand Interest Rate Decision will be published in Asian Session


The RBNZ will decide what to do with the country base interest rate and communicate guidance on future policy moves. No move on the interest rate is expected and they will keep the current level at 1.75%. but markets will be keen to hear what the Bank has to say on policy. Any surprisin...

07 Feb 18 (Wed)

04:32 pm

US Crude Oil Inventories


Actual: 1.895M Forecast: 3.189M Previous: 6.776M

07 Feb 18 (Wed)

03:30 pm

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