BOE governor, Andrew Bailey, will provide more details at 1200 GMT
You can watch that live here:
You can watch that live here:
Kategorie-Archiv: Forex News
A couple of takeaways from the BOE May monetary policy meeting
The BOE starts off with a bit of a technical taper, if you want to call it that
You can call it algos. You can call it a bit of a messy release with some separation between the statement and the monetary policy minutes/report. But at the end of it, the pound looks destined for a
You can call it algos. You can call it a bit of a messy release with some separation between the statement and the monetary policy minutes/report. But at the end of it, the pound looks destined for a
US April Challenger layoffs 22.91k vs 30.60k prior
Latest data released by Challenger, Gray, and Christmas Inc
– 30.60k
The 22,913 job cuts by US-based employers last month is the lowest monthly total since June 2000 as this adds to another sign that the labour market is slowly finding its footing again as businesses and consumers start to feel more upbeat.
– 30.60k
The 22,913 job cuts by US-based employers last month is the lowest monthly total since June 2000 as this adds to another sign that the labour market is slowly finding its footing again as businesses and consumers start to feel more upbeat.
Pound whipsaws on BOE decision as policymakers hint at slowing QE purchases
Did anyone else feel that the release was a little messy?
But when the monetary policy report was released (nearly a minute later, or at least that was what I was getting when refreshing the site), it made a mention to this:
But when the monetary policy report was released (nearly a minute later, or at least that was what I was getting when refreshing the site), it made a mention to this:
BOE leaves bank rate unchanged at 0.10%, as expected
BOE announces its latest monetary policy decision – 6 May 2021
The economic forecasts are upbeat and the BOE steered clear of any firm messaging about tapering although they are talking about slowing down QE purchases.
The economic forecasts are upbeat and the BOE steered clear of any firm messaging about tapering although they are talking about slowing down QE purchases.
ForexLive European FX news wrap: Dollar mostly steady as risk bounces back
Forex news from the European trading session – 5 May 2021
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities higher; S&P 500 futures up 0.4%
Headlines:
Markets:
– NZD leads, CHF lags on the day
– European equities higher; S&P 500 futures up 0.4%
US MBA mortgage applications w.e. 30 April -0.9% vs -2.5% prior
Latest data from the Mortgage Bankers Association for the week ending 30 April 2021
– -2.5%
– Market index 700.4 vs 706.6 prior
– Refinancing index 3,188.7 vs 3,185.3 prior
The drop in mortgage applications in the past week stems from a decline in purchase activity once again, which has been keeping more subdued in recent months amid the jump
– -2.5%
– Market index 700.4 vs 706.6 prior
– Refinancing index 3,188.7 vs 3,185.3 prior
The drop in mortgage applications in the past week stems from a decline in purchase activity once again, which has been keeping more subdued in recent months amid the jump
Dollar nudges a little lower on the session
The greenback eases slightly across the board
EUR/USD has pared its earlier losses from 1.1990 to 1.2015 while GBP/USD has also bounced off lows of 1.3876 to 1.3925 currently as the dollar eases a little.
EUR/USD has pared its earlier losses from 1.1990 to 1.2015 while GBP/USD has also bounced off lows of 1.3876 to 1.3925 currently as the dollar eases a little.
UK PM Johnson: Most people in Scotland feel now is not the time for a second independence referendum
Remarks by UK prime minister, Boris Johnson
Adding that a second Scottish independence is „reckless“.
The UK local elections takes place tomorrow and while the Tories will have no issues on the political front, a lot of eyes will be on whether or not the SNP can garner a majority in Scotland and push forward with a
Adding that a second Scottish independence is „reckless“.
The UK local elections takes place tomorrow and while the Tories will have no issues on the political front, a lot of eyes will be on whether or not the SNP can garner a majority in Scotland and push forward with a
Fed’s Williams: No signs that bond buying is creating financial sector imbalances
Remarks by NY Fed president, John Williams, to the Wall St Journal
In short, he is mainly reaffirming that the Fed put is still in play and that they don’t see anything wrong with leaving the punch bowl as it is now.
In short, he is mainly reaffirming that the Fed put is still in play and that they don’t see anything wrong with leaving the punch bowl as it is now.