15/ 09/ 2016

All focus on Bank of England meeting minutes

We had another day of top tier UK data as Average Earnings, Claimant Count Change and the Unemployment Rate was released. Following with reports such as claimant count being relatively high which has reflected that rise in negative implications for consumers spending  which discourage Economic Growth and ILO Unemployment Rate remained unchanged significantly indicating UK is lacking expansion in the Labor Market.

14/ 09/ 2016

Yen slips broadly on fears BOJ could cut rates

Today will be a collective of Data released from all over the world. Australia’s Westpac Consumer confidence will be released early today at 00:30 Hours GMT, Japanese Industrial Production (MoM) & (YoY) and Foreign Bond Investments will be released by the course of the day. Great Britain will be releasing data on Average Earnings & Claimant Count Rate (Aug). United States will be releasing data on Import & Export Price Index (MoM) & (YoY) along with EIA Crude Oil Stock Change.

13/ 09/ 2016

Sterling gains ground against USD and EUR

In comparison to the remainder of this week, Monday was devoid of any top tier data. In spite of the lack of data, the Pound began the week well, gaining ground against the US Dollar and Euro.

11/ 09/ 2016

The week ahead | Markets focus on Brainard’s speech in Chicago

The week begins quietly with no top tier data releases. The only event to note is Fed Governor, Lael Brainard’s speech in Chicago. The markets will be scrutinising the tone of his comments to ascertain if the Fed will raise rates in September.