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Stocks Rise Pre-Bell as Traders Await Fed Policy Decision, Inflation Report, Big Tech Earnings
The benchmark US stock measures pointed higher before the opening bell Monday as traders gear up for...
Stock market today: Dow, S&P 500, Nasdaq futures rise ahead of busy week of earnings, Fed rate decision
Investors braced for a full earnings docket and the Federal Reserve's next policy decision this week...
British Pound: Stronger PMIs lean hawkish for BoE – Danske Bank
Danske Research Team notes UK flash PMIs strengthened in October, with the composite rising to 53.1 ...
United States Housing Starts (MoM) below forecasts (1.31M) in August: Actual (1.275M)
United States Building Permits Change: -2.7% (August) vs previous 5%
United States Building Permits (MoM) came in at 1.394M, below expectations (1.41M) in August
United States Philadelphia Fed Manufacturing Survey came in at 37.8, above forecasts (30.5) in September
United States Initial Jobless Claims registered at 196K, below expectations (208K) in September 11
United States Initial Jobless Claims 4-week average dipped from previous 206K to 203.25K in September 11
United States Housing Starts Change up to -2.6% in August from previous -12.4%
Canada Raw Material Price Index above expectations (0.7%) in August: Actual (3.1%)
Canada Industrial Product Price (MoM) registered at 1.3% above expectations (0%) in August
BoE says higher rates are 'likely ahead', MPC now 'a hostage to geopolitics'
The Bank of England put markets on notice today, effectively signalling that higher rates are in the offing, even if the data is not demanding tighter policy just yet.
Bank of Japan: Market-priced hike to 1.25% – Danske Bank
Danske Research Team expects the Bank of Japan to raise its policy rate to 1.25%, a move they say is largely priced in as market expectations tightened in recent weeks.
British Pound weakens against Japanese Yen as BoE leaves rates unchanged
GBP/JPY trades under pressure on Thursday as the British Pound weakens across the board following the Bank of England’s (BoE) latest monetary policy announcement. At the time of writing, the cross tra ...