European Markets Wrap-Up: BOE cuts bank rate by 25 bps to 4.75%, as expected

BOE cuts bank rate by 25 bps to 4.75%, as expected Prior 5.00% Bank rate vote 8-1 vs 7-2 expected (Mann dissented to keep bank rate at 5.00%) There has been continued progress in disinflation But domestic inflationary pressures are resolving more...  Nasdaq Technical Analysis – The market cheers Trump's victory Fundamental Overview The Nasdaq tested the all-time high following Trump's victory and the red sweep as the market started to look forward to bullish drivers like tax cuts and deregulation. One potent...  S&P 500 Technical Analysis – The stock market looks forward to Trump's policies Fundamental Overview The S&P 500 soared into a new all-time high following Trump's victory and the red sweep as the market started to look forward to bullish drivers like tax cuts and deregulation...  Eurozone September retail sales +0.5% vs +0.4% m/m expected Prior +0.2%; revised to +1.1% Euro area retail sales grew by more than expected and that is on top of a sharp revision higher to the August figure. Looking at the details, food sales were down 0.4% bu...  GBPUSD Technical Analysis – The greenback soars on Trump's victory Fundamental Overview The US Dollar rallied across the board yesterday as Trump got elected President of the US. The Republicans won also the Senate and the House giving us a red sweep and therefore hi...  Latest Forex Orders FX option expiries for 7 November 10am New York cut There are a couple to take note of, as highlighted in bold . They are both for EUR/USD at the 1.0725 and 1.0775 levels. To some degree, the expiries might just lock price action in between these level...  Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network This email was sent to trungtamthuchanhmt.hanghai18021960@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences ForexLive · 11 Apostolou Andrea, Hyper Tower 3rd floor, Mesa Geitonia · Limassol 4007 · Cyprus