High impact week: Central Bank of Canada and FED
The loonie could stay lower this week ahead of the interest rate announcement this Wednesday at 12:00 pm EST. The Central Bank of Canada would keep its interest rates unchanged and the economy finds itself with an inflation of historical record of 30 years. The BBC’s lack of initiative could leave investors with no incentive […]
Lagarde cannot bring relief to the European market
Lagarde’s conclusions in his presentation on Thursday in the framework of the IMF failed to bring out optimism in the international market. The euro reacted slightly bullish on the euro after his speech however it will depend on the buyers next week. Lagarde’s political perspective does not match the logic of the market. Production data […]
Bank of England would anticipate with its rate hike
Bank of England lawmaker Michael Saunders said he is preparing for interest rate hikes “significantly sooner” as inflationary pressure builds on the British economy, the Telegraph newspaper said on Saturday. Saunders said investors were right to bet on faster increases in borrowing costs with consumer price inflation above 4%. The Bank of England could become […]
AUD and GBP targeted by Central Bank decisions
This week the Central Banks of Australia and the United Kingdom, decide on their monetary policy. In this sense, the Reserve Bank of Australia, reported its decision in the last hours. In general terms, the official statement does not report changes during the month of August, since the RBA will maintain the interest rate at […]
The BoE announces its monetary policy: projections
This Thursday the Bank of England will announce the decision on the monetary policy that they will implement. The questions remain in themselves will continue with similar steps to the FED and what forecast they have for the changes. In previous announcements, the Bank of England (BoE) had announced that changes in monetary policy would […]
UK News: Interest Rate and Elections
This Thursday will be a day where two highly relevant events will take place in the United Kingdom. On the one hand, the economic event will be the announcement by the Bank of England of the decision on the interest rate and, on the other hand, the political event, in which parliamentary elections will be […]