After a busy wek of news we fall into a potentially quiet week, highlighted by Japan, New Zealand and Australia. Carney will be grilled by the Treasury Select Committee on Tuesday, on the subject of Forex trading, Scotland and the Inflation Report, the only chance this week of some rebound for GBPEUR. 182 more words
Tags » Consumer Price Index
The end of the week quickly approaches with lots of data releases, the highlight of the day is US Gross Domestic Product, predicted to be a reduction down to 2.5% from 3.2%, anything less than that will give weakness against GBP and EUR. 204 more words
TORONTO – Ontario’s governing Liberals introduced legislation today that would tie minimum wage increases to the rate of provincial inflation.
Labour Minister Yasir Naqvi says it would take the politics out of the debate on minimum wage and provide predictability for businesses. 254 more words
As Mondays go there wasn’t too much movement across the markets, GBPEUR moved half a cent and closed at 1.213, dropping early in trading hours with news out of Germany of positive economic growth, more than expected, but that was quickly cancelled out within the hour. 213 more words
All eyes this week will be focused on Federal reserve chairman Yellen and Governor of the Bank of England, Carney. With little chunks of data out each day we could be set for a volatile week, gross domestic product announcements in Germany, Switzerland, UK and America will keep us busy looking after clients looking at sending money abroad. 149 more words