The United Kingdom’s (UK) Office for National Statistics (ONS) will publish the Consumer Price Index (CPI) data at 07:00 GMT on Wednesday, just a day before the Bank of England (BoE) monetary policy announcement.
The Office for National Statistics will publish the UK CPI data for February on Wednesday. United Kingdom’s headline and core annual inflation are likely to fall; monthly CPI is set to jump. The UK CPI report could significantly impact the BoE’s interest rate outlook and the Pound Sterling. The United Kingdom’s Office for National Statistics will publish the Consumer Price Index data at 07:00 GMT on Wednesday, just a day before the Bank of England monetary policy announcement.
The 14-day Relative Strength Index has fallen belowthe midline, suggesting that the downside risks remain intact for the Pound Sterling.” Dhwani adds: “A decisive break below the horizontal 50-day Simple Moving Average at 1.2687 is needed to challenge the upward-pointing 100-day SMA of 1.2626. Further south, the 200-day SMA at 1.2595 could be retested. Alternatively, acceptance above the 1.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada CPI Preview: Forecasts from five major banks, inflation likely increased in FebruaryStatistics Canada will release February Consumer Price Index (CPI) data on Tuesday, March 19 at 12:30 and as we get closer to the release time, here are the forecasts by the economists and researchers of five major banks regarding the upcoming Canadian inflation data.
Read more »
US CPI Inflation Comes in 'Hot' in FebruaryUS CPI inflation, as expected, came in “hot” once again in February. Economists at the Bank of Montreal analyze Fed’s policy outlook after the inflation report. Ugly inflation read will do nothing to soothe nerves on the FOMC.
Read more »
UK CPI Preview: Forecasts from four major banks, sharp decline in inflationThe United Kingdom will release the Consumer Price Index (CPI) report on Wednesday, March 20 at 07:00 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of four major banks regarding the upcoming UK inflation print.
Read more »
China’s CPI inflation rises by 0.7% YoY in February vs. 0.3% expectedChina’s inflation, as measured by the Consumer Price Index (CPI), rose by 0.7% YoY in February from a 0.8% decline in January.
Read more »
Bitcoin Faces Minor Volatility at $72K as February US CPI Numbers Came OutCrypto Blog
Read more »
US ADP Employment Report Preview: Solid job gains expected for FebruaryThe Automatic Data Processing (ADP) Research Institute will release the private employment data for February on Wednesday.
Read more »