Forex News
BoE minutes: First hike getting closer, but not around the corner yet
BoE minutes showed a unanimous monetary policy decision at the July meeting, but the differing views about the outlook are starting to emerge.
CPI – QII 2014 – Headline inflation at 3%
The underlying CPI outcomes were a touch above market expectations and are a reminder that not all inflation risksare to the downside.
US: Core consumer prices rise less than expected
The overall trend of inflation remained subdued in June Core consumer prices rose just 0.1% m/m in June, less than expected (0.2%) and
IMF Lagarde: Markets ‘Perhaps Too Upbeat’ On Europe Economy
International Monetary Fund Managing Director Christine Lagarde said Friday that markets were “perhaps too upbeat” about the European economy and
ECB: First Policy Meeting Under 6-Week Schedule Set For Jan 22
The European Central Bank said Thursday that it plans to hold the first monetary policy meeting of its new six-week rotation schedule on January 22.
Turkey: 50 bp cut this time
A 50 bp rate cut this time. More could come if risk sentiment remains decent and the TRY does not weaken further.
CPI Preview – QII 2014
There is accumulating evidence that the desired growth transition frommining capex to construction and non-mining business investment isunderway.
No BoE Guidance On 1st Hike; Wants Higher Volatility
Bank of England Governor Mark Carney and his colleagues have aimed to increase market volatility and
Sweden: Riksbank’s minutes soft as expected
Today’s minutes did not add much new information regarding the reasons for the rate decision.
China: Growth momentum picks up
Chinese GDP numbers were slightly better than expected at 7.5% y/y in Q2 (Nordea: 7.4%; consensus: 7.4%; previous: 7.4%).
Fed George: Econ Strength Warrants Prep For Zero Rate End
Kansas City Federal Reserve Bank President Esther George Tuesday night argued that there are enough positive signs in the economy recovery for