Pay attention to the GBP
The bank of England will publish its monetary policy summary and make the announcement of the interest rate on May 2 at 14:00 MT time.
Economy
Key information updates for profitable trading
Information is not investment advice
American consumer spending reports the greatest gain since 2009
In March, American consumer spending went up by the most for over 9-1/2 years, although price pressures were still muted, with a major inflation gauge reporting its smallest annual yield for 14 months…
5 important events this week will bring us!
Trading is going to be intense this week! The Fed, NFP and other awesome opportunities...
Japan’s March household spending tacks on for the first straight month
In March, Japan's household spending went up for the fourth month in a row, although dismal factory output along with exports could keep pushing the Japanese economy into a moderate contraction in the first quarter…
American core capital goods orders are firm
In April, new orders for American capital goods tacked on by the most for eight months, although a tumble in shipments dropped a hint that business spending on equipment decelerated in the first quarter…
South Korean economy suddenly shrinks in the first quarter
In the first quarter, the South Korean economy suddenly contracted, thus marking its worst outcome since the global financial meltdown…
American mortgage applications report the greatest dive in four months
American mortgage applications to purchase a home and to have it refinanced demonstrated their steepest weekly slump for four months due to the fact some mortgage rates jumped to one-month maximums, in step with higher bond gains…
Chinese economy still experiences downward pressure
The Chinese economy still experiences downward pressure and the country’s cabinet is going to counter it by deepening reforms as well as cutting taxes…
China's economic powerhouse Guangdong reports steady first-quarter surge
China's leading province by economic output, Guangdong managed to maintain a surge rate of 6…
Chinese manufacturers employ all weapons to survive trade battles
Chinese manufacturers, who face trade barriers, are currently employing a range of measures to retain foreign customers…
American housing starts dive to two-year minimum
In March, American homebuilding went down to an almost two-year minimum, suppressed by ongoing weakness in the single-family housing segment, dropping a hint that the housing market kept struggling notwithstanding decreasing mortgage rates…
China will keep backing economy as pressure persists
China is going to maintain policy support for the national economy, still facing downward pressure as well as difficulties after better-than-anticipated first quarter surge…