Mind The Gap

• The U.S. dollar will come under close scrutiny on Wednesday, as the FOMC announce their last interest rate decision for 2017

  Dec 12, 17 • 4275 Views • Mind The Gap • Jovana Pribic Comments Off on The U.S. dollar will come under close scrutiny on Wednesday, as the FOMC announce their last interest rate decision for 2017

  At 19:00 pm GMT, on Wednesday December 13th, the FOMC will reveal its latest decision on the key interest rate for the USA. Currently at 1.25% the general consensus opinion, gathered from the economists polled by news agencies Reuters and Bloomberg, is that...

• The latest GDP figures for the USA economy may help the Fed set a course for its monetary policy in 2018

  Nov 28, 17 • 4327 Views • Mind The Gap • Jovana Pribic Comments Off on The latest GDP figures for the USA economy may help the Fed set a course for its monetary policy in 2018

  At 13:30pm GMT on Wednesday 29th, the latest quarterly figure for annualized GDP in the USA, will be published. The last quarterly figure produced a growth figure of 3%, the consensus opinion, gathered from the economists polled by Reuters, suggests a rise to...

• The U.K.’s latest GDP figure may hit the value of sterling and reveal any ongoing impact of Brexit

  Nov 22, 17 • 4282 Views • Mind The Gap • Jovana Pribic Comments Off on The U.K.’s latest GDP figure may hit the value of sterling and reveal any ongoing impact of Brexit

  At 9:30am GMT, on Thursday November 23rd, the U.K. statistics agency the ONS will reveal both the latest monthly and yearly GDP figures for the U.K. economy. The forecast is for no change; 1.5% growth annually and 0.4% for quarter 3, matching the 0.4%...

• Can Philip Hammond, the U.K. chancellor, deliver a budget to calm Brexit nerves?

  Nov 21, 17 • 4483 Views • Mind The Gap • Jovana Pribic Comments Off on Can Philip Hammond, the U.K. chancellor, deliver a budget to calm Brexit nerves?

  On Wednesday November 22nd at 12:30pm GMT, the U.K. Chancellor will present his Budget to Parliament. It’s generally accepted that Philip Hammond botched his first budget last November, announcing a significant and surprise tax increase for the...

• The Eurozone GDP figure released on Tuesday, could direct ECB policy in 2018

  Nov 13, 17 • 2441 Views • Mind The Gap • Jovana Pribic Comments Off on The Eurozone GDP figure released on Tuesday, could direct ECB policy in 2018

  Tuesday morning is an incredibly busy session for high impact economic calendar releases. Before moving onto the key release of the day; Eurozone GDP, it’s essential that we quickly cover all the other releases which occur on, or before 10:00am GMT....

• The October NFP number is expected to bounce back when released on Friday, after the -33k ‘hurricane season’ number recorded for September

  Nov 2, 17 • 4285 Views • Mind The Gap • Jovana Pribic Comments Off on The October NFP number is expected to bounce back when released on Friday, after the -33k ‘hurricane season’ number recorded for September

  The September NFP (non-farm payroll) number was forecasted to be poor, due to the various hurricanes and tropical storms, which battered certain parts of the USA in September. Analysts and investors were therefore not shocked, when the number missed the...

• The BoE are odds on to raise U.K. base rate on Thursday, will it signal a tightening of monetary policy, or will it be a one off inflation cooling measure?

  Nov 1, 17 • 4162 Views • Mind The Gap • Jovana Pribic Comments Off on The BoE are odds on to raise U.K. base rate on Thursday, will it signal a tightening of monetary policy, or will it be a one off inflation cooling measure?

  On Thursday November 2nd the U.K.’s Bank of England, through its monetary policy committee, will announce its decision regarding the base interest rate. Currently at 0.25%, the general consensus, from the economists polled by the leading news agencies...

• Will the FOMC follow through on their commitment; to raise rates three times in 2017?

  Oct 31, 17 • 4302 Views • Mind The Gap • Jovana Pribic Comments Off on Will the FOMC follow through on their commitment; to raise rates three times in 2017?

  In their final meeting of 2017, which will conclude on Wednesday November 1st, the FOMC (the chairs of all the regional Feds), will end their meeting by announcing their decision regarding the key current interest rate for the USA. The announcement is...

• Will the euro react if (as expected), the ECB announces a timeline to reduce its asset purchase program on Thursday?

  Oct 25, 17 • 4947 Views • Mind The Gap • Jovana Pribic 2 Comments

  On Thursday October 26th, at 11:45 GMT, the Eurozone central bank, the ECB, will reveal its decision with regards to the single currency bloc’s interest rate. The current key borrowing rate is zero percent, with the deposit rate below zero, at -0.40%. These...

• U.K. GDP figures will give clues as to a potential interest rate rise in November, whilst Canada’s interest rate is predicted to remain at 1%

  Oct 24, 17 • 2370 Views • Mind The Gap • Jovana Pribic Comments Off on U.K. GDP figures will give clues as to a potential interest rate rise in November, whilst Canada’s interest rate is predicted to remain at 1%

  There are two high impact, economic calendar news events, which traders need to monitor carefully on Wednesday October 25th. The first concerns the U.K., whose official statistics body the ONS, will be publishing the latest Q3 quarter’s GDP growth figure....