Economic calendar: BoE rate decision and US data

07:12 17 September 2020
• BoE  monetary policy decision
• US weekly jobless claims
• OPEC committee meeting 
 
While the markets digest the overnight FOMC projections and press conference, investors now put their focuses on the Bank of England monetary policy decision and US data due out later today. Analysts expect that BoE will leave interest rates unchanged at their record low of 0.1% and that the central bank will maintain its bond buying programme at £745bn ($966.6bn). Expectations of a lack of action come despite recent data pointing to a slowdown in the UK’s nascent economic recovery and inflation far undershooting the Bank of England’s target. Oil traders should stay on guard in the afternoon as the OPEC committee meeting today will take place today in Vienna amid reported concerns over the UAE’s non-compliance last month.
 
10:00 am BST – EU Core Harmonised Index of Consumer Prices (Aug). Expected:0,4% y/y. Previous: 1,2% y/y
10:00 am BST – EU Harmonised Index of Consumer Prices  (Aug). Expected:-0,2% y/y. Previous: 0,4% y/y
10:00 am BST – EU Core Harmonised Index of Consumer Prices  (Aug). Expected: -0,5% m/m. Previous: -0,3% m/m
10:00 am BST – EU Harmonised Index of Consumer Prices  (Aug). Expected:-0,4% m/m. Previous:  -0,4% m/m
12:00 pm BST - BoE Rate Decision (Sep). Expected: 0,1%. Previous: 0.1%
1:30 pm BST – US Philadelphia Fed Manufacturing Index (SEP). Expected:15.0. Previous: 17.2
1:30 pm BST – US Housing Starts (AUG). Expected: 1.478M. Previous: 1.496M
1:30 pm BST – US Building Permits (AUG). Expected: 1.523M. Previous: 1.495M
1:30 pm BST – US Weekly Jobless Claims. Expected:850K. Previous:884K

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back

Join over 1.6 Million investors from around the world