Tuesday seems like a sluggish day. No more economic data in the pipeline today. GBP: BOE Gov Bailey Speaks at 10:30 PM Measures: Due to speak about the economic landscape at an event hosted by the Official Monetary and Financial Institutions Forum, in London. Audience questions expected. BOE Governor Mar
The dollar index upsurges and it is at its 20-year high. Precisely, the dollar opened high on Monday morning and is currently trading around 107.425. Inflation is hitting the consumer price index which is deteriorating the economy. An upcoming figure for the consumer price index will be released on Wednesday.
GBP: BOE Gov Bailey Speaks at 7:45 PM Measures: Due to Testifying on the Bank of England Financial Stability Report before the Treasury Select Committee, in London Next Release Jul 12, 2022 BOE Governor Mar 2020 – Mar 2028. Volatility is often experienced during his speeches as traders attempt to
Read our Weekly Commodity Samachar and make yourself informative about all 9 commodities. The US non-farm employment figures presented were much better than the forecasted, but there was a slight decline compared to the last time. Due to this mixed trade was seen in the market on Friday. Inflation and
The economy of the US is heading towards recession thereby deteriorating the economic health of the country. There were fears circulating around that country may face recession mode soon if inflation is not controlled. Yesterday, at FOMC meet, the officials announced that there would be a hike in interest rates
Below is the list of economic forecast. US Non-Farm Unemployment Change data may come worse than before. USD: Non-Farm Employment Change at 6:00 PM Measures: Change in the number of employed people during the previous month, excluding the farming industry Released monthly, usually on the first Friday after the month
On Wednesday, Jerome Powell (FED Chair) speaks about the hike in interest rates to curb red hot inflation. Furthermore, to curtail the inflation rate, officials showed concern about the hike in interest rates by 0.50 or 0.75 BPS. High inflation may lead the US economy into recession. Powell states that
Here is the list of various economic forecasts. We are expecting volatility in the market after FOMC meet. EUR: EU Economic Forecasts at 2:30 PM QuarterlyNext Release Nov 10, 2022 This report includes economic forecasts for EU member states over the next 2 years, and covers about 180 variables. Source
Norwegian offshore laborers stood on a strike on Tuesday which may reduce the output of oil and gas. Moreover, sources revealed that they are expecting a fall in oil and gas production by 89000 barrels and gas by 27500 boepd. Due to supply disruption, crude oil traded higher in the
Tuesday seems like a sluggish day. Not much economic indicators or events for the day. GBP: BOE Gov Bailey Speaks at 3:30 PM BOE Governor Mar 2020 – Mar 2028. Volatility is often experienced during his speeches as traders attempt to decipher interest rate clues As head of the central
