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Market Overview

Marc Chandler
Today's Main Event: BoE Ahead Of U.S. NFP By Marc Chandler - Aug 06, 2015

The main event of the day is the start of a new era at the Bank of England. Unit now, at the conclusion of the MPC meeting, the decision would be announced, but no press conference was typically held....

Swissquote Bank Ltd
UK "Super" Thursday By Swissquote Bank Ltd - Aug 06, 2015

Market Brief Asia equity markets were generally weaker although a direct catalyst was lacking. The Shanghai Composite fell -1.07%, the Hang Seng dropped -0.70% yet the Nikkei 225 rose 0.24%. In the FX...

Ipek Ozkardeskaya
Super Thursday Is Underway In The UK By Ipek Ozkardeskaya - Aug 06, 2015

The BoE will give policy verdict and release minutes right after the meeting for the first time; this is the new communication strategy in that the BOE wants to at least appear to be transparent. The ...

Jeremy Cook
Five Things To Watch For On Super Thursday By Jeremy Cook - Aug 06, 2015

No one expects Super Thursday Bank of England decision day has long been a complete snooze fest; rates have remained on hold at 0.5% for over six years, while we have not seen an increase in ...

UK Industrial Production Drops 0.4% In June By ICN.com - Aug 06, 2015

UK Industrial production dropped 0.4 percent, compared to estimates of 0.4 percent increase, from the revised 0.3 percent gain. Manufacturing production soared 0.2 percent in June compared to a 0.6 ...

ICM Brokers
ISM Services Rise To 10-Year High In July By ICM Brokers - Aug 06, 2015

US services sector index released by the Institute for Supply Management (ISM) on Wednesday signaled a rise to 60.3, the highest level since August 2005, from 56.0 in June. Analysts had predicted an ...

US ADP Employment Misses Forecasts By ICN.com - Aug 06, 2015

US ADP non-farm employment registered 185,000 jobs in July; lower than analysts’ forecasts of 216,000, where June’s reading was 237,000. US trade balance and services data will be due ...