Mortgage approvals in the U.K. are expected to fall to 50.0K in January following the unexpected decline in the previous month, and the data could weigh on the exchange rate as policy makers continue to see a risk for a protracted recovery.
Archive for February, 2010
February 27th, 2010
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February 26th, 2010
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Markets still buzzing about a potential CNY revaluation Japan Jan industrial production +2.5% m/m vs. 1.0% expected Japan Jan core CPI -1.3% y/y, vs. -1.4% expected Japan Jan retail sales 2.9% m/m & 2.6% y/y vs. -0.2% y/y exp UK Feb GfK consumer confidence index up to -14 vs.-17 St Louis Fed Bullard states that should inflation expectations become unhinged, this would trump all other… |
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February 26th, 2010
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Consumer prices in the Euro-Zone are forecasted to rise to an annual rate of 1.0% in January, which would be the highest reading in nearly a year, and the data is likely to spark increased volatility in the exchange rate as investors weigh the outlook for future policy.
