Market updates on June 27
Market updates
UK Inflation Report Hearings
| The Bank of England’s Governor and several members of the Monetary Policy Committee will testify on inflation and economic outlook before the Parliament’s Treasury Committee at 12:00 MT time on February 20. |
| It is important not only to listen but hear. This event can get the GBP in motion. Any direct comments about the currency market will be especially important. The hearings should give traders some clues about the central bank’s future monetary policy. |
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Keep an eye on the important release for the loonie
The level of GDP growth for Canada will be published on June 28, at 15:30 MT time.
Market updates on June 26
Read and find out the market movers
Latest news
British inflation tacks on for the first time this year
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
Evergreen buck heads north
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
Gold sinks on soaring greenback
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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