empty
 
 
09.07.2015 09:36 AM
Global macro overview for 09/07/2015

Global macro overview for 09/07/2015

Most important today's data is the UK rate decision and asset purchase facility.

The market doesn't expect any surprising readings today as the interest rate should be left unchanged together with its purchase facility. Any surprise here might be played out in two ways:

- surprising rate increase - highly unlikely - the GBP/USD pair will shoot straight up breaking the technical resistance at the level of 1.5532

- surprise rate cut - unlikely - the GBP/USD pair and other GBP related crosses will start a sell-off with GBP/USD breaking the technical support at the level of 1.5160

News events from UK scheduled for today: ( all times are GMT):

11:00 Great Britain BoE Interest Rate Decision 0.50% 0.50%

11:00 Great Britain Asset Purchase Facility 375bln 375bln

11:00 Great Britain MPC Rate Statement

This image is no longer relevant

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback