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| The UK economy is recovering despite the negative impact of Brexit negotiations. As a result, traders have reasons to expect that the Bank of England may raise interest rates soon, but not this time. The regulator will announce its decision at 13:00 MT time on March 22. Hawkish comments will be enough to send the GBP up. The BOE will also release the minutes of the meeting. The pound will strengthen if at least some members of the Monetary Policy Committee vote for a rate hike. On the other hand, if the Bank of England doesn’t appear ready to increase rates in the foreseeable future, the pound will fall. |
The volatility that the markets experienced last week promises the second tidal wave! What should your favorite assets anticipate during the first week of February?
The Bank of England will announce its policy statement on December 16, Thursday, at 14:00 GMT+2 (MetaTrader time). It will affect all the pairs with the British pound.
The United Kingdom will publish the Inflation Rate on November 17, at 09:00 MT (GMT+2). How will it impact the markets?
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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