
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The ECB will announce the main refinancing rate at 14:45 and give a press conference at 15:30 MT time on December 12.
Since 2016 the European main refinancing rate has been kept at 0%. The legacy of the former ECB President Mario Draghi was to keep the rate unchanged until the inflation rate in Europe comes sufficiently close to but below 2%. The preliminary inflation rate for the month of November in the Euro Area was at 1%, which is far away from the target. Hence, the new ECB head Christine Lagarde is unlikely to make any change to the rate. However, the focus of attention needs to be at the ECB Press Conference following the rate announcement and the monetary policy statement. In her speech, Mrs. Lagarde may share some important insights into the state of the European economy and the quantitative ease policy being implemented through the bond purchase program. If her report brings positive prospects, that will support the euro.
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
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 United States will publish Core PCE Price Index on Thursday at 15:30 GMT+2.
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.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.