UK Inflation Decelerates Ahead of the BoE Policy Decision
After recent persistence, inflation moderated in February according to today’s data, but remains far from the central bank’s 2% target, ahead of Thursday’s policy decision
The economy of a nation is the engine that drives prosperity and creates wealth for that country and its citizens. A nation's utilization of its available resources and manpower has a great influence upon its overall economic prowess. Factors such as governmental structure, access to valuable commodities, size and sophistication of the labor force, and relations with trade partners are all key components of achieving economic stability. Governmental politics play a crucial role in the resolution of many issues facing a nation. The potential impact upon international markets of U.S. President-elect Trump's economic policies, tensions between Russia and NATO, and…
After recent persistence, inflation moderated in February according to today’s data, but remains far from the central bank’s 2% target, ahead of Thursday’s policy decision
In a historic move, the Bank of Japan unraveled the unorthodox and ultra-loose policies it has been implementing for nearly a decade, but pledged to maintain an accommodative stance
FXCM’s China 50 basket gapped up on news that a state fund will boost stock purchases. China’s Central Huijin Investment, a sovereign fund that owns China’s state-run banks and other government enterprises, said it will step-up its purchases of stock index funds to support the market. The fund tends to buy big state banks and companies to counter the selling pressure in the Chinese market, largely due to China’s property…
The central bank of Australia kept rates unchanged for second straight meeting today as inflation is coming down, but refused to rule out more hikes
Watch today’s US Open for insights on the EUR/USD fall from the reserved Fed and the strong NFPs, Meta’s blockbuster results, renewed regional banking fears and more
The jobs data came in exceptionally hot today. The non-farm employment change printed at 353K, which is almost double the market expectation of 187K. The unemployment rate was 3.7%, lower than the 3.8% anticipated and monthly average hourly earnings is double expectations at 0.6%. Last month's non-farm employment change was also revised higher to 333K.
Watch today’s US Open for insights on the Fed’s dismissal of a March cut, the Bank of England’s hint for end of tightening and more
Watch today’s US Open for insights on the ECB hold and its impact on EUR/USD, Tesla’s underwhelming results and more
Watch today’s US Open for insights on BoJ inaction and the impact on USD/JPY, the upcoming ECB decision, the highly anticipated earnings from Netflix and tesla and more
The BoJ stuck to its dovish stance with negative rates and yield curve control, while slashing its inflation forecast, raising the bar for a policy pivot
Watch today’s US Open for insights on the solid US jobs report, dovish Fed commentary and the upcoming US CPI inflation report
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