The Norges Bank meeting will take centre stage in the Scandies today and analysts at Danske Bank expect Norges Bank to broadly ‘pre-commit’ to a September hike. Key Quotes “The Bank of England is also meeting but it’s a ‘small meeting and there will be no press conference or updated projections. Instead, keep an eye on the minutes, which will give info on the likelihood of an August hike. We believe the chances of an August hike are shrinking as data has disappointed a bit and uncertainty gone up recently due to trade war tensions.” “The SNB meeting will be important for FX markets.” “In the afternoon, focus will turn to the US again with the releases of the Philadelphia Fed survey and initial jobless claims . After the comments yesterday by Fed Chairman Jerome Powell that the Fed is for the first time starting to hear about ‘decisions to postpone investment, postpone hiring…’ a lot of focus will be on survey data in the coming months to gauge if the trade war uncertainty is starting to impact the economy.” “Finally, we have US house price data and euro consumer confidence and the ECB’s Jens Weidmann is due to speak in Paris.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Swiss National Bank keeps key rate on-hold at -0.75%, as widely expected FX Street 3 years The Norges Bank meeting will take centre stage in the Scandies today and analysts at Danske Bank expect Norges Bank to broadly 'pre-commit' to a September hike. Key Quotes "The Bank of England is also meeting but it's a 'small meeting and there will be no press conference or updated projections. Instead, keep an eye on the minutes, which will give info on the likelihood of an August hike. We believe the chances of an August hike are shrinking as data has disappointed a bit and uncertainty gone up recently due to trade war tensions." "The SNB meeting will be… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
