Market News

Comments by UK finance minister, Sajid Javid

UK's Javid: Fundamentals of the UK economy are strong Brexit uncertainty has held back the economy

11 Nov 19 (Mon)

11:40 am

UK GDP at 0.3% QoQ in Q3 vs. 0.4% expected

The first estimate of the UK GDP came in to show that the economy expanded by 0.3% QoQ during the third quarter of 2019, as against a 0.2% contraction recorded in the previous quarter but falling short of consensus estimates pointing to a reading of 0.4%.

11 Nov 19 (Mon)

09:41 am

Breaking News

China foreign ministry says no updates on trade talks and tariffs

11 Nov 19 (Mon)

07:27 am

Keep Your Eye On Inflation Numbers From US And Eurozone This Week

The EURUSD pair found sellers from the 1.1165 daily resistance level and then showed a downward movement last week. The US Dollar rose versus the Euro as it advanced on hopes for an improving US trade outlook despite persisting Federal Reserve interest rate cut bets. The euro has also t...

11 Nov 19 (Mon)

06:18 am

Trump says no agreement is in place to remove China tariffs

Trump says: Has not yet decided on rollback of tariffs with China he isn't concerned about anything on impeachment he won't fully rollback China tariffs he could sign it trade deal with Xi in Iowa he plans to sign any China t...

08 Nov 19 (Fri)

03:14 pm

Breaking News

Pres. Trump has not yet decided to rollback tariffs on China

08 Nov 19 (Fri)

03:01 pm

Atlanta Fed Pres. Bostic: I think we are slightly accommodative

I think we're slightly accommodative we don't have that much space in a downturn risks to the economy are still out there, much hasn't not been resolved filling entry-level jobs is extremely competitive we are seeing competition and that's showing up in wag...

08 Nov 19 (Fri)

01:45 pm

Canada employment statistics for the month of October

Unemployment rate 5.5% versus 5.5% estimate. The prior month was also at 5.5%

08 Nov 19 (Fri)

01:38 pm

Canada Unemployment Rate (Oct)

Actual: 5.5% Forecast: 5.5% Previous: 5.5%

08 Nov 19 (Fri)

01:33 pm

Germany's Scholz: Slower growth due to trade tensions

Slowdown is manmade if trade tensions cease this will have a good impact on the global economy. We have a very expansionary financial policy, an all-time high in public investment,

08 Nov 19 (Fri)

11:22 am

German Trade Balance (Sep)

Germany September trade balance EUR +21.1bln versus +19.5bln expected

08 Nov 19 (Fri)

07:02 am

Headlines the Economic Calendar on Friday

1. Canada Unemployment Rate The release of Canada's employment change data will be in focus as it could support the Bank of Canada's expectations that the economy will improve in the last quarter of this year. The Unemployment Rate is expected to stay at 5.5%....

08 Nov 19 (Fri)

06:59 am

Carney press conference after BoE remains on hold

Mark Carney  Recent Brexit deal creates a possibility of a pick up in UK growth World risks slipping into low growth, low inflation but many of these dynamics occurred first in the UK  Both reduced Brexit uncertainty and a stronger world economy assu...

07 Nov 19 (Thu)

12:36 pm

Bank of England Monetary Policy Meeting

Policymakers Saunders and Haskel vote to cut rates to 0.5% from 0.75%. Saunders and Haskel say stimulus needed now as data suggest labor market turning, also see downside risks from the global economy and Brexit. May need to "reinforce" expected recovery in the UK economy thro...

07 Nov 19 (Thu)

12:09 pm

BOE leaves bank rate unchanged at 0.75%

BOE: Dovish surprise. 2 MPC members vote to cut rates, leaving vote to hold at 7-2 

07 Nov 19 (Thu)

12:02 pm

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