OctaFX | OctaFX Forex Broker
Open trading account
Back

UK inflation, lower expectations - TDS

FXStreet (Guatemala) - Analysts at TD Securities noted the forthcoming September inflation for the UK on 13 Oct:

Key Quotes:

"UK inflation is likely to dip back down into negative territory as the continued drag from low oil prices hits the September data."

"We expect an on-consensus reading of -0.1% y/y. Core inflation, meanwhile, is likely to have ticked up a notch to 1.1% y/y (same as consensus), as momentum in this component has been building in recent months."

"September’s data won’t influence the MPC one way or another – we expect them to remain on hold until May 2016, at which point inflation will have moved much closer to their 2% target."

NZD/USD hits 10-week highs and retreats

NZD/USD rallied further and climbed to 0.6721, hitting the strongest level since late July. The pair failed to hold so far above 0.6700 and pulled back. The retreat from the highs found support at 0.6680 and currently it trades at 0.6690/95, up 0.35% for the day.
Read more Previous

Brazil: Current environment is an opportunity for reforms – Wells Fargo

Eugenio J. Alemán, Senior Economist at Wells Fargo Bank analyses the current crisis in Brazil and it shows that it can represent an opportunity to introduce major structural reforms.
Read more Next
Start livechat