FOREX TradingCharts.com

Financial News: European Economics Preview: Bank Of England Rate Decision

European Economics Preview: Bank Of England Rate Decision Due

12/18/2019 - 22:40:00 (RTTNews)

(RTTNews) - The interest rate announcement from the Bank of England is due on Thursday, headlining a busy day for the European economic news.

At 2.45 am ET, France Insee publishes monthly manufacturing confidence survey data for December. The manufacturing sentiment is seen at 99 versus 100 in November.

At 3.30 am ET, Riksbank is set to announce its monetary policy decision. Sweden's central bank is expected to raise its interest rate to zero percent from -0.25 percent.

At 4.00 am ET, Norges Bank issues policy rate decision and the monetary policy report. Economists expect the bank to hold the rate at 1.50 percent.

In the meantime, industrial production and producer prices from Poland are due. Economists forecast industrial output to fall 1.3 percent on year, reversing a 3.5 percent rise in October. Producer prices are expected to increase 0.2 percent on year.

At 4.30 am ET, the Office for National Statistics is scheduled to release UK retail sales for November. Economists expect retail sales to grow 0.2 percent on month, reversing a 0.1 percent fall in October.

At 6.00 am ET, the Confederation of British Industry is slated to issue monthly distributive trades survey results. The retail sales balance is seen at -4 percent in December versus -3 percent in November.

At 7.00 am ET, the Bank of England is set to announce the outcome of its monetary policy committee meeting as well as the minutes. The bank is expected to hold its key rate at 0.75 percent and asset purchase plan at GBP 435 billion.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


UK Retail Sales Fall Unexpectedly During Festive Season (07 min(s) ago)
(RTTNews) - UK retail sales declined unexpectedly even in festive season in December signaling tha ...Full Story»

Eurozone Construction Output Recovers In November (13 min(s) ago)
(RTTNews) - Eurozone construction output recovered in November, Eurostat reported Friday. Co ...Full Story»

Portugal Producer Prices Decline For Seventh Month (27 min(s) ago)
(RTTNews) - Portugal's producer prices fell for the seventh month in a row in December, figure ...Full Story»

Italy Inflation As Estimated; Trade Surplus Rises (27 min(s) ago)
(RTTNews) - Italy consumer price inflation increased in December as estimated, final data from the ...Full Story»

Nigeria Inflation At 20-Month High (38 min(s) ago)
(RTTNews) - Nigeria's consumer price inflation rose to the highest level in twenty months in D ...Full Story»

Austria Inflation Accelerates In December (39 min(s) ago)
(RTTNews) - Austria's consumer price inflation rose in December, figures from Statistics Austr ...Full Story»

Swiss Producer And Import Prices Fall In December (01 hr(s), 20 min(s) ago)
(RTTNews) - Switzerland's producer and import prices declined in December, data from the Feder ...Full Story»

Eurozone Inflation Accelerates As Estimated (02 hr(s), 28 min(s) ago)
(RTTNews) - Eurozone inflation increased as estimated in December, final data from Eurostat report ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

UK Retail Sales Fall Unexpectedly During Festive Season

01/17/2020 - 07:31 AM (RTTNews)
(RTTNews) - UK retail sales declined unexpectedly even in festive season in December signaling tha ...Full Story>>

Eurozone Construction Output Recovers In November

01/17/2020 - 07:25 AM (RTTNews)
(RTTNews) - Eurozone construction output recovered in November, Eurostat reported Friday. Co ...Full Story>>

Italy Inflation As Estimated; Trade Surplus Rises

01/17/2020 - 07:11 AM (RTTNews)
(RTTNews) - Italy consumer price inflation increased in December as estimated, final data from the ...Full Story>>

Portugal Producer Prices Decline For Seventh Month

01/17/2020 - 07:11 AM (RTTNews)
(RTTNews) - Portugal's producer prices fell for the seventh month in a row in December, figure ...Full Story>>

Nigeria Inflation At 20-Month High

01/17/2020 - 07:00 AM (RTTNews)
(RTTNews) - Nigeria's consumer price inflation rose to the highest level in twenty months in D ...Full Story>>
Copyright © 2020. 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.