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Canada BoC Consumer Price Index Core (MoM) below forecasts (0.4%) in July: Actual (0.1%)
Canada BoC Consumer Price Index Core (MoM) below forecasts (0.4%) in July: Actual (0.1%)
Fxstreet
Tue, Aug 19
United States Housing Starts (MoM) above forecasts (1.3M) in July: Actual (1.428M)
United States Housing Starts (MoM) above forecasts (1.3M) in July: Actual (1.428M)
Fxstreet
Tue, Aug 19
United States Building Permits (MoM) below expectations (1.39M) in July: Actual (1.354M)
United States Building Permits (MoM) below expectations (1.39M) in July: Actual (1.354M)
Fxstreet
Tue, Aug 19
United States Building Permits Change fell from previous 0.2% to -2.8% in July
United States Building Permits Change fell from previous 0.2% to -2.8% in July
Fxstreet
Tue, Aug 19
United States Housing Starts Change: 5.2% (July) vs 4.6%
United States Housing Starts Change: 5.2% (July) vs 4.6%
Fxstreet
Tue, Aug 19
Canada Consumer Price Index (YoY) meets expectations (1.7%) in July
Canada Consumer Price Index (YoY) meets expectations (1.7%) in July
USD/CAD
Fxstreet
Tue, Aug 19
Canada BoC Consumer Price Index Core (YoY) dipped from previous 2.7% to 2.6% in July
Canada BoC Consumer Price Index Core (YoY) dipped from previous 2.7% to 2.6% in July
Fxstreet
Tue, Aug 19
US Treasury's Bessent: Fed rate cut could facilitate a pickup in home building
United States (US) Treasury Secretary Scott Bessent said on Tuesday that a rate cut by the Federal Reserve (Fed) could facilitate a pickup in home building and keep prices down for one to two years down the road, per Reuters.
Fxstreet
Tue, Aug 19
Mexico's economy grows slightly y/y in July, preliminary estimate shows
MEXICO CITY, Aug 19 (Reuters) - Mexico's economy likely grew 0.1% in July from the same month a year earlier, notching the second consecutive annual expansion, a preliminary estimate from national statistics agency INEGI showed on Tuesday.Compared with the previous month, activity was likely mar...
Reuters
Tue, Aug 19
Morning News Call - Canada, August 19
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageECONOMIC EVENTS0830 CPI Inflati...
Reuters
Tue, Aug 19
BoE to cut bank rate by 25 bps to 3.75% in Q4 – Reuters Poll
50 of 62 economists polled by Reuters said that they expect the Bank of England (BoE) to cut the policy rate once more this year, in the fourth quarter, by 25 basis points to 3.75%.
Fxstreet
Tue, Aug 19
USD/CNH: Likely to trade in a range between 7.1780 and 7.1950 – UOB Group
US Dollar (USD) is likely to trade in a range between 7.1780 and 7.1950. In the longer run, USD is expected to trade in a range of 7.1730/7.2000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Aug 19
POLL-BoE to cut interest rates just once more this year, held back by resilient inflation, growth
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=GBBOEI%3DECI BoE poll datareuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=GBGDPQP economic poll dataBy Anant Chandak and Shaloo Shrivastava BENGALURU, Aug 19 (Reuters) - The Bank of England will cut interest...
Reuters
Tue, Aug 19
Oil prices fall on hopes for an end to the war in Ukraine – Commerzbank
Oil prices initially reacted yesterday with modest losses to the meeting between US President Trump and Russian President Putin last Friday, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Tue, Aug 19
China steel output falls – ING
Chinese steel output fell in July for a third straight month, hitting its lowest this year amid government efforts to control supply, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Tue, Aug 19
Russia mobile operator MTS profit sinks 61% in quarter on high interest costs
Aug 19 (Reuters) - Russia's largest mobile operator MTS MTSS.MM said on Tuesday that its second-quarter net profit fell 61.1% to 2.8 billion roubles, weighed by rising interest expenses amid tight monetary policy.Financial costs jumped 76.4% year-on-year to 39.7 billion roubles, the company said...
Reuters
Tue, Aug 19
CAD: July inflation should be consistent with easing – ING
Canada releases July inflation today, ING's FX analyst Francesco Pesole notes.
USD/CAD
Fxstreet
Tue, Aug 19
Oil markets look ahead to Zelensky-Putin meeting – ING
Oil prices are marginally lower in early morning trading today, following the meeting between Presidents Trump and Zelensky.
Fxstreet
Tue, Aug 19
RBNZ: One last time? – Commerzbank
Tomorrow morning at 3 a.m. BST, the Reserve Bank of New Zealand (RBNZ) will announce its interest rate decision, and most analysts, including myself, expect a cut to 3%. The market has already priced in this move at over 90%.
NZD/USD
Fxstreet
Tue, Aug 19
GBP: Gilts underperforming ahead of CPI – ING
Gilts had a poor session yesterday, underperforming Bunds by 5bp on the 10-year, ING's FX analyst Francesco Pesole notes.
EUR/GBP
GBP/USD
Fxstreet
Tue, Aug 19
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