Trading news

Mark Carney’s live speech at the February Inflation Report - Treasury Committee

The Bank of England will release later today its February Inflation Report, with Governor Mark Carney scheduled to speak before the Treasury Select Committee at 10h GMT along with MPC members Andrew Haldane, Ian McCafferty and Gertjan Vlieghe.

Key notes *

UK inflation figures have extended the up trend in January, showing consumer prices tracked by the CPI rising at an annualized 1.8%, up from December’s 1.6% gain.

Market expectations are tilted towards a dovish tone from the BoE today, in line with the recent Inflation Report published a couple of weeks ago. Furthermore, last week’s disappointing results from UK indicators seem to leave to room for surprises today.

It is worth recalling as well that Governor M.Carney said earlier in the month that the inflation overshoot has been ‘entirely’ due to GBP weakness, while it sees the CPI at 2.75% in Q2 2018.

AG Markets Review

Tuesday, 21 Feb, 2017 / 4:34

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


USDCAD 5-Wave Impulse To Complete Triple Zigzag

The USDCAD currency pair forms a primary wave Ⓩ which is part of a global [...]

Posted on Wednesday, 27 Jan, 2021 / 12:54 under

Republicans U-Turn On Trump Impeachment

Dollar Slides Ahead of FOMC The dollar index closed 0.27% lower yesterday as [...]

Posted on Wednesday, 27 Jan, 2021 / 12:53 under

OIL breaking higher after a surprise drawdown in API inventories – US OIL Market Outlook – 27/01/2021

WTI Crude breached our line in the sand resistance level at $52.60 to reach [...]

Posted on Wednesday, 27 Jan, 2021 / 9:26 under