(cerclefinance.com) thursday afternoon on the foreign exchange market, the single european currency had almost all of the gains made last night after the publication of the minutes of the fed is rather flexible. at this time, after an increase of 0.43% yesterday, the euro remains stable this morning (0.04%) 11855 dollar. a trend which is also the main currency of the sterling as the continent is, on the other hand, about 0.15% against the japanese yen and swiss franc is so against it.
retain the record – the famous “minutes” of the monetary policy committee on 19 and 20 september, released yesterday by the federal reserve. first, the fed
cares little for u.s. growth is robust. however, if the account of the last fomc confirmed the central bank to raise rates again this year, members also appear to be more uncertainty about the inflation outlook. the weakness of the price increase is feared more persistent than anticipated by some central bankers, on this morning and asked experts in gca.
clear, according to the analysts, the possibility that the fed will raise rates on short coming in december inflation statistics. according to the indicator fedwatch of cme, the probability of a new round of the december 13, is approximately 88 per cent yesterday to 83 per cent. a slight relaxation is also required on the side of long rates, as the federal – 10 years, income of about 2.36% in recent days to 2.33 per cent today.
what about europe? on the statistical agenda, we learned this morning that the eurozone industrial production for august emerged rising 1.4% compared with july, reported to eurostat, after + 0.1% a month earlier and more cautious consensus (+ 0.5%). while in france in september, inflation fell 0.2% between august and september, more than expected to annual rate of 1.1%.
‘growth in the euro area should be very strong this year. it is, of course, which will contribute to the overall optimism and offset concerns about geopolitical risk, ‘says, on the other hand, saxo bank.
in spain, the national day is celebrated today in the midst of all the confusion, as the president of catalonia, as puigdemont, said tuesday an independence he suspended for talks with madrid. the central government has given a few days in barcelona, madrid, to decide whether or not the independence was proclaimed, and, if so, will be implemented for the first time, the constitutional arrangements, the suspension of ‘generality’ process. if the
is deprived of its independence, the sense of independence could be strengthened and the gap is widening between the supporters of the opposing secession and independence. in the meantime, the enterprises from the region and the call drop due to the uncertainty, also asked the oro.
followed this afternoon in the united states, mainly the statistics weekly unemployment registration (expected september 251000) and inflation (2% at an annual rate of + 0.2%, but in the centre).
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Translated by forexguides.info Team