Every week we expect many interesting events that can shake the market.
British shop prices go down 0.1% in November for the third month running
In November, UK shop prices headed south by an annual 0.1% for the third month in a row, according to a poll, which actually chimed with the BoE’s thinking that inflation might have currently peaked around.
In spite of the fact prices for non-food goods went down at the slowest pace since May 2013, this month food price inflation cooled, as Retail Consortium as well as market research company Nielsen informed.
The 0.1% sag in shop prices happened to match probably the shallowest rate of shop price deflation in Great Britain for the last four years.
Having lifted interest rates for the first time for 10 years in November, the Bank of England told it thought that consumer price inflation – underpinned by the pound's sag after the previous year's Brexit vote - had most likely peaked around currently.
Although inflation seems to have set to run above the BoE's 2% objective for the next few years, the vast majority of financial experts tell that they don’t expect Britain’s key financial institution to lift rates again until 2019.
How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.