FOREX TradingCharts.com

Financial News: European Economics Preview: Bank Of England Monetary Polic

European Economics Preview: Bank Of England Monetary Policy Decision Due

11/04/2021 - 01:34:00 (RTTNews)

(RTTNews) - The Bank of England is set to announce its interest rate decision on Thursday. Some economists are expecting a hike after the governor recently commented that the bank will have to act on inflation, which currently stands at 3.1 percent.

Others are looking forward to a raise only in December. The bank is also expected to retain the size of the total quantitative easing at GBP 895 billion. The BoE publishes its quarterly economic analysis and inflation projections along with the monetary policy statement.

Other economic reports due for the day are as follows

At 3.00 am ET, Destatis releases Germany's factory orders data for September. Orders are forecast to climb 2 percent on month after falling 7.7 percent in August.

At 4.00 am ET, Swiss SECO consumer climate survey results are due.

At 4.15 am ET, Spain's services Purchasing Managers' survey data is due. The index is forecast to fall to 55.8 in October from 56.9 in September.

At 4.45 am ET, IHS Markit publishes Italy's services PMI data. Economists expect the index to drop to 54.5 in October from 55.5 a month ago.

Thereafter, final composite PMI survey results are due from France and Germany at 4.50 am and 4.55 am ET, respectively.

At 5.00 am ET, IHS Markit releases euro area composite PMI data. The final composite PMI is seen at 54.3 in October, unchanged from the flash estimate.

At 5.30 am ET, UK Markit/CIPS construction PMI is due. Economists forecast the index to drop to 52.0 in October from 52.6 a month ago.

At 6.00 am ET, Eurostat publishes euro area producer prices for September. Producer price inflation is seen rising to 15.2 percent from 13.4 percent in August.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


France Consumer Confidence Stable In November (08 hr(s), 54 min(s), 10 sec(s) ago)
(RTTNews) - France's consumer confidence remained unchanged in November, preliminary data from ...Full Story»

Austria Manufacturing Growth Slows In November (09 hr(s), 14 min(s), 10 sec(s) ago)
(RTTNews) - Austria's manufacturing sector growth weakened for the fourth time in five months ...Full Story»

Italy Consumer Confidence Weakens In November (09 hr(s), 49 min(s), 10 sec(s) ago)
(RTTNews) - Italy's consumer confidence weakened in November, survey results from the statisti ...Full Story»

Swiss GDP Grows More Than Expected (10 hr(s), 20 min(s), 10 sec(s) ago)
(RTTNews) - Switzerland's economic growth slowed slightly in the third quarter, but the expans ...Full Story»

Sweden Retail Sales Increase In October (10 hr(s), 35 min(s), 10 sec(s) ago)
(RTTNews) - Sweden's retail sales increased in October, figures from Statistics Sweden showed ...Full Story»

Sweden Economic Confidence Weakens In November (10 hr(s), 47 min(s), 10 sec(s) ago)
(RTTNews) - Sweden's economic confidence weakened in November, data from the National Institut ...Full Story»

Lithuania Retail Sales Growth Eases In October (11 hr(s), 47 min(s), 10 sec(s) ago)
(RTTNews) - Lithuania's retail sales increased at a softer pace in October, figures from the s ...Full Story»

Germany Import Price Inflation Strongest Since 1980 (12 hr(s), 06 min(s), 10 sec(s) ago)
(RTTNews) - Germany's import price inflation accelerated to the highest since early 1980 due t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

France Consumer Confidence Stable In November

11/26/2021 - 07:02 AM (RTTNews)
(RTTNews) - France's consumer confidence remained unchanged in November, preliminary data from ...Full Story>>

Austria Manufacturing Growth Slows In November

11/26/2021 - 06:42 AM (RTTNews)
(RTTNews) - Austria's manufacturing sector growth weakened for the fourth time in five months ...Full Story>>

Italy Consumer Confidence Weakens In November

11/26/2021 - 06:07 AM (RTTNews)
(RTTNews) - Italy's consumer confidence weakened in November, survey results from the statisti ...Full Story>>

Swiss GDP Grows More Than Expected

11/26/2021 - 05:36 AM (RTTNews)
(RTTNews) - Switzerland's economic growth slowed slightly in the third quarter, but the expans ...Full Story>>

Sweden Retail Sales Increase In October

11/26/2021 - 05:21 AM (RTTNews)
(RTTNews) - Sweden's retail sales increased in October, figures from Statistics Sweden showed ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.