The US GDP: What’s New?
The US will announce the advanced Gross Domestic Product (GDP) on July 28 at 15:30 MT time.
British earnings tumble after inflation at the fastest pace since 2014
After inflation British employees’ earnings dropped at the fastest pace since 2014 for the three months to April, thus underscoring the ascending Brexit squeeze facing numerous households, as official data disclosed on Wednesday.
The figures reflected the challenge facing Prime Minister Theresa May as well as her new government, with clues that households are facing the strain of ascending prices since the previous year's vote to abandon the European Union, applying pressure on the broader economy.
The data also demonstrated that the unemployment rate from February to April stood still at a more than four-decade minimum of 4.6%, which is in line with the median prediction for Wednesday's figure in a Reuters survey of financial experts.
In May, inflation reached a nearly four-year peak of 2.9%, as official data disclosed on Tuesday, which is stronger than experts had expected.
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The European Central Bank: How to Save EUR?
The ECB will make a statement regarding the future monetary policy on Thursday, July 21, at 15:15 MT time (GMT+3).
The US NFP: What’s New?
The US Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on July 8, at 15:30 MT time.
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Events to trade on August 15-19
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
USD Moves Weird Ahead of CPI
The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.
The NFP Release: One More Punch for USD?
The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.
