Great Britain will release the retail indicators at 11:30 MT time, on February 20…
The BOE meeting: a ray of hope for the GBP?
The Bank of England will release its monetary policy summary and announce the interest rate on September 19, at 14:00 MT time.
The market does not expect any changes to the current interest rate, which is held at 0.75%. The regulator will continue to watch the Brexit progress ahead of the deadline on October 31. Traders will be looking for potential trading opportunities in the monetary policy summary. If it contains positive information about the current economic outlook of Great Britain, this fact will be seen as bullish for the British pound. In addition, the clues on the changes to the BOE monetary policy will be in focus.
• If the Bank of England is hawkish, the GBP will rise;
• If the Bank of England is dovish, the GBP will fall.
The Reserve bank of Australia will release the rate statement and announce the update on the interest rate on February 4, at 5:30 MT time.
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
The Federal Open Market Committee will make its statement and announce the interest rate on July 29, at 21:00 MT time.