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The meeting of the Bank of England (BOE) is scheduled at 15:00 MT time on November 1.
During the meeting, the BOE will announce its official rate and make comments concerning the future monetary policy. Earlier, Central bank said it would not increase the rate until the target inflation is held above 2%. However, the comments of the BOE can support the British pound.
• If the BOE comments are positive, the GBP will rise.
• If the BOE comments are negative, the GBP will fall.
The UK’s key inflation rate rallied in February, although stayed close to January's two-year minimum, assisting customers to preserve their spending power even as Brexit was still uncertain…
The Monetary policy committee of the Bank of England will vote on the level of interest rate and release its monetary policy summary on March 21, at 14:00 MT time.
French quarterly surge is expected to strengthen in the first half of 2019 because consumer spending derives benefits from improving household incomes as well as reviving business confidence after protests at the end of 2018…
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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