Final GDP releases

The week ahead will see a somewhat slower pace of economic data released accentuated by a short trading week. Most of the markets, including the U.S. and Europe will be closed on Friday on account of the Good Friday holiday. After a busy last week, which saw the Fed hiking interest rates and monetary policy meetings from the Bank of England ...

2018-04-03 John Benjamin Read more
UK GDP stays resilient

Economic data from the UK was mixed last week as both the wage data and the GDP data were released over the week. However, the British pound emerged stronger mostly on the back of weakness in the U.S. dollar.   UK GDP expands at the slowest pace in five years Data from the ONS showed last week that that the UK’s economic expansion fell...

2018-02-06 John Benjamin Read more
UK labor market

The markets this week will be focusing on the UK labor market and the advance GDP report coming out. The data is likely to shift focus back to the fundamentals amid continued developments on the Brexit talks happening in the background. The UK labor market and the GDP data comes following last week's inflation report. Data from the UK's Of...

2018-03-20 John Benjamin Read more
monetary policy meetings

The week ahead will the Bank of Japan and the European Central Bank meetings. Both the monetary policy meetings will come into focus as the previous week's announcement from the BoJ and the ECB's meeting minutes suggested that the central bank could be turning the corner. On the economic front, labor market data will be coming up on Wednesday...

2018-03-20 John Benjamin Read more
construction

Last week IHS Markit released the monthly UK PMI's covering the manufacturing, construction and services sector for the month of December. According to the report, the Purchase Manager's Index surveys showed that, despite the ongoing uncertainty surrounding Brexit, the activity across the sectors remained resilient. Growth was seen rising at ...

2018-01-17 John Benjamin Read more
Sterling _ BoE_GBP

The Bank of England governor, Mark Carney in a speech last week cautioned that inflation in the UK would rise above 3% in the few months. The comments came after earlier in the week, official data showed that consumer prices in the UK rose 3% in the month of September on an annual basis. This put the UK's inflation a full percentage point above...

2017-12-12 John Benjamin Read more
ECB Draghi

The week ahead will be marked by central bank meetings that include the BoC, the Swedish Riksbank, and the ECB. The ECB's meeting will, however, dominate the wires. On the economic front, the US and the UK's advance GDP reports will be coming out alongside the quarterly inflation data from Australia. Here's a quick recap into this week's econo...

2017-12-12 John Benjamin Read more
RBNZ_Kiwi

The markets head into a slow week. From the US Fed speakers include Janet Yellen who will be speaking next week. A rather busy week from the US will see the GDP revisions for the second quarter alongside the core PCE price index data. In the eurozone, preliminary inflation numbers from Germany, Spain, and France will culminate with the flash i...

2017-10-22 John Benjamin Read more
Federal Reserve

The week ahead is poised to remain quiet with most of the economic releases focusing on the second-tier data. Therefore, the Jackson Hole Symposium which takes place every year will be the main highlight. The symposium is scheduled to begin on Thursday, and key highlights include speeches by the respective policymakers from the ECB and the Feder...

2017-08-21 John Benjamin Read more

The Bank of England will be meeting today for its monthly monetary policy review. Based on the economists poll, no changes to interest rates are expected, which remain at 0.25%, a historical low. However, some institutions are not ruling out the scope for a rate hike today. This hawkish scenario comes from the fact that in the July MPC meeting,...

2017-08-03 John Benjamin Read more