Post Tagged with: "Adam Posen"
British Economy Doing Better Than Expected, But Pound Printing Still Coming
Purchasing managers’ indices in the UK were generally better than expected and pointed to growth in January. The chances of an official recession are now lower. Nevertheless, even if Britain escapes another quarter of contraction, the QE train seems unstoppable. The numbers The most important sector is services, which was the last to be released.
Forex Daily Outlook January 23 2012
We start the week with some interesting events like MPC Member Posen Speaks in the UK and Leading Index in Canada as the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Leading Index More in Canada, Monthly Index that is based on 10 monetary indicators; is about to decreases from
Forex Daily Outlook January 17 2012
CPI in the UK and ZEW Economic Sentiment in Europe are the main events lined up. Let’s see what awaits us today. In the US, Empire State Manufacturing Index, monthly survey to value the general business conditions, rise is predicted from 9.5 points on December up to 10.7 now. In Canada, Bank of Canada (BOC)
Forex Daily Outlook – October 26 2011
New Home Sales in the US and EU Economic Summit in Europe are the main events today. Here is an outlook on the market-movers awaiting us In the US, New Home Sales leading monthly report to value the new sold households on the last month, is about to rise from 295K on September up to
GBP/USD Crashes as Extra 75 billion of QE Announced
GBP/USD is now plunging as the British Monetary Policy Committee decided to embark on more QE – Big time. An addition of 75 billion pounds to a total of 275 billion is at the high end of expectations, and at a low end for the pound. The interest rate remained at 0.50%, as expected. GBP/USD
Forex Daily Outlook – September 27 2011
US CB Consumer Confidence is the major event lined up. Let’s see what awaits us today. In the US, The Conference Board (CB) Consumer Confidence, monthly survey to rate the level of present and forthcoming monetary conditions, small rise from 44.5 points on August to 46.4 points is expected. Later in the US, Standard &
Forex Daily Outlook – September 13 2011
In the US FOMC Member Fisher Speaks, and RICS House Price Balance in the UK are the main events lined up. Let’s see what awaits us today. In the US, Federal Budget Balance, monthly report to value the deference between the income and spending of the federal government’s, this month a deficit is predicted from
Forex Daily Outlook – June 23 2011
Unemployment Claims in the USA and CBI Realized Sales in Great Britain are the major market-movers. Let see what awaits us today. In the US, Unemployment Claims, weekly measurements of new unemployment claims filed by Americans over the passing week stabilized last week and forecasted to remain 414K this week. Later in the US, New
Forex Daily Outlook – June 20 2011
ECOFIN Meetings in Europe and Adam Posen speech in in Madrid are the main highlight on today’s outlook. Let’s see what awaits us today. In Canada, Mark Carney, Bank of Canada Governor, is about to deliver a speech in Ottawa; For more on USD/CAD, read the Canadian dollar forecast. In Europe, Current Account, measuring the values
GBP/USD Outlook for May 16-20
The pound’s hopes were short lived in a very choppy week. The upcoming one promises to be very busy, with employment, inflation and the meeting minutes being the highlights. Here’s an outlook for the 9 events that will rock the pound, and an updated technical analysis for GBP/USD. GBP/USD managed to break higher on a