Tag: Economic news
Bank of England Christmas Pause in Cutting Cycle – Analysis and Forecast
Bank of England to Maintain 4.75% Bank Rate Amidst Christmas PauseLONDON - On Thursday, December 19, the Bank of England (BoE) is anticipated to uphold the Bank Rate at 4.75%, aligning with market expectations...
US CPI Data Shows Upside Surprise, Boosting Case for January FOMC Pause
US CPI Data Surprises Markets, Impacting FOMC Pause DecisionIn a surprising turn of events, the latest US Consumer Price Index (CPI) data has sent shockwaves through the financial markets, potentially influencing the Federal Open...
Australia’s November Retail Sales Exceed Expectations with 0.6% Month-Over-Month Growth
Australia's Retail Sales Exceed Expectations in NovemberIn a surprising turn of events, Australia's retail sales for November have surpassed expectations, showing a remarkable 0.6% month-over-month growth. This positive trend comes as a welcome relief...
US Dollar Strengthens as Yields Ease – Forexlive Americas FX News Wrap
The US Dollar strengthened as yields eased on Friday, with various economic indicators and market movements shaping the day's events. In Canada, the October employment change came in at +14.5K, slightly below the expected...