Canadian stocks are poised for tepid gains Wednesday morning ahead of a speech from Bank of Canada governor Stephen Poloz. Traders will be looking for clues about whether the BoC plans to raise interest rates in July. WTI light sweet oil has rallied above $71 a barrel, a good sign for energy stocks. While the […]
Croatia’s unemployment rate decreased for the fourth straight month in May, figures from the Croatian Bureau of Statistics showed Wednesday. The registered jobless rate dropped to 9.2 percent in May from 10.4 percent in April. Moreover, this was the lowest unemployment rate since at least late 1996. In the corresponding month last year, the rate […]
The Czech central bank hiked its key rate for the second time this year, on Wednesday. The board of the Czech National Bank raised the two-week repo rate by 25 basis points to 1 percent. The bank had previously lifted it in February by a quarter point. The Lombard rate was raised by 50 basis […]
Czech Central Bank Raises Key Repo Rate To 1% From 0.75% The material has been provided by InstaForex Company – www.instaforex.com
Iceland’s consumer price inflation accelerated in June after easing in the previous two months, figures from Statistics Iceland showed Wednesday. Consumer prices climbed 2.6 percent year-over-year in June, faster than May’s 2.0 percent rise. On a monthly basis, consumer prices rebounded 0.6 percent from May, when it edged down by 0.1 percent. The consumer price […]
UK retail sales grew at the fastest pace in nine months in June, the latest Distributive Trades survey from the Confederation of British Industry showed Wednesday. A balance of 32 percent of retailers said sales volumes increased in June and a net 20 percent said they placed more orders with suppliers than they did a […]
A change in approach to resolving trade concerns has traders feeling like a US-China trade war may be a diminished possibility.