2016)

Posted On 14 Jul 2016

By : Alpari

Comment: 0

Tag: BoE Interest Rates

Today’s Press

U.S. Producer Prices Climb 0.5%

U.S. businesses paid higher prices for a range of goods and services in June, the latest sign that a rebound in oil prices and a tightening labor market are pushing up inflation.
Bank of England holds UK interest rates: what the economists say

The Bank of England”s monetary policy committee (MPC) voted 8-1 to keep interest rates unchanged at their record low of 0.5%. Its newest member, Gertjan Vlieghe, backed an immediate quarter point cut but the rest preferred to wait until August, when the Bank is due to release its latest growth and inflation forecasts. This is what economists made of the decision.
Sterling leaps, global stocks stall as BoE holds fire on Brexit response

Sterling surged and world shares stopped in their tracks having hit an eight-month high on Thursday, as the Bank of England unexpectedly opted to keep its post-Brexit powder dry for at least few more weeks.

Next Trading Day’s Important Events

05:00 (GMT+3) Chinese Q2 GDP
15:00 (GMT+3) Carney Speaking
15:30 (GMT+3) US Retail Sales

Forex Quotes:

USDJPY: 105.76
EURUSD: 1.1111

Indices:

S&P 500: 2,164.10
NASDAQ : 5,029.96

Source:: Bank of England holds UK interest rates: what the economists say (news: 14/07/2016)

About the Author

Alpari was founded in 1998 and is one of the world’s leading Forex brokers, offering clients a full package of the most modern financial instruments and technological solutions for online trading and investment. According to data from Finance Magnates, Alpari has been one of the largest Forex brokers in the world for a number of years. The trading turnover of the Alpari companies in 2014 was 2.5 trillion USD. Today Alpari is the world’s largest MetaTrader 4 Forex broker. The first half of 2015 saw company branches offering their services to over one million clients from over 150 countries in the world. Alpari clients have access to over 50 currency pairs and an extensive range of other instruments. The company offers the use of three trading platforms for computer and mobile applications for use with iOS and Android. Alpari is a member of international organizations such as The Financial Commission (Hong Kong) and CRFIN (Russia). Bonuses: the Alpari Bonus Program was launched in 2014 and allows clients to independently change their conditions for working on the financial market: reduce commission, save money on swaps, improve conversion rates and much more. Read More about Alpari HERE or you can visit their website direct by CLICKING HERE..