News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Sound Bites: BoE Takes Hawkish Turn as Increase in APF Less Likely

Sound Bites: BoE Takes Hawkish Turn as Increase in APF Less Likely

Lujia Lin,

BoE Minutes

Financial conditions and interbank markets are stabilizing. Inflation is falling less quickly than expected, could lie above projections in coming months. “Major shakeout in private sector employment” is unlikely. Posen votes against APF increase, Miles’s support for increase “finely balanced.”

BoC Statement

“Momentum” for Canadian economy is more solid than anticipated. Growth in 2012 forecast to be higher than previous estimate. Inflation is expected to be higher than previously projected. Canadian economy projected to reach “full capacity” in 1st half of 2013. Could consider “some modest withdrawal of the present considerable monetary policy stimulus.”

IMF World Economic Outlook – Apr. 2012

World economy will grow 3.5 percent in 2012, up from the previous 3.3 percent projection.Danger of severe slowdown in activity has receded.

German ZEW Survey

Economic Sentiment Survey +1.1 points, the fifth consecutive increase. Current Situation Survey +3.1 points. Surveyed analysts maintain positive outlook for second half of the year.

Italian government statement - delays balanced-budget

2013 deficit to be -0.5% of GDP, with return to balance in 2015. Italian economy to contract 1.2 percent in 2012.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES