{"id":112800,"date":"2017-09-14T07:30:24","date_gmt":"2017-09-14T11:30:24","guid":{"rendered":"http:\/\/countingpips.com\/?p=112800"},"modified":"2017-09-14T06:26:19","modified_gmt":"2017-09-14T10:26:19","slug":"bank-of-england-expected-to-leave-policy-unchanged","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/09\/bank-of-england-expected-to-leave-policy-unchanged\/","title":{"rendered":"Bank of England expected to leave policy unchanged"},"content":{"rendered":"
September 14, 2017<\/div>
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By IFCMarkets<\/a><\/p>\n

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US stock indices close at fresh highs<\/h2>\n<\/div>\n<\/div>\n

US stock indices<\/b>\u00a0closed at fresh record highs in a choppy trade on Wednesday. The dollar strengthened as producer price index rose 0.2% in August after 0.1% decline in July: the\u00a0live dollar index<\/a>\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a basket of six rival currencies, rose 0.5% to 92.388. The\u00a0S&P 500<\/a>\u00a0advanced 1.89 points settling at 2498.37 led by energy and consumer discretionary shares which offset 0.8% drop in Apple shares. The\u00a0Dow Jones\u00a0<\/em>rose 0.2% to 22158.18.\u00a0Nasdaq\u00a0<\/em>composite added 0.1% to 6460.19.<\/p>\n

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European stocks slip<\/h2>\n<\/div>\n<\/div>\n

European stocks\u00a0<\/b>edged lower on Wednesday as the momentum after North Korea tensions subsided and damage from Hurricane Irma was not as sever as feared tapered off. Both the\u00a0euro\u00a0<\/em>and\u00a0British Pound\u00a0<\/em>reversed most of previous session gains against the dollar. The Stoxx Europe 600 index slipped 0.02%. Germany\u2019s\u00a0DAX 30\u00a0<\/em>rose 0.2% to 12553.57. France\u2019s\u00a0CAC 40\u00a0<\/a>added 0.2% while UK\u2019s\u00a0FTSE 100<\/em>lost 0.3% to 7379.70 as UK wage growth was weaker than expected. Bank of England interest rate decision is due at 13:00 CET today, no change in policy is expected. Indices opened 0.1% – 0.3% lower today.<\/p>\n

\"FR<\/p>\n

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Asian stocks retreat as China data disappoint<\/h2>\n<\/div>\n<\/div>\n

Asian stock indices<\/b>\u00a0are lower today after disappointing Chinese data. China\u2019s fixed-asset investment, factory output and retail sales all grew less than expected in August. Chinese stocks are down: both\u00a0Shanghai Composite Index\u00a0<\/em>and Hong Kong\u2019s\u00a0Hang Seng Index\u00a0<\/em>are 0.4% lower. The\u00a0Nikkei\u00a0<\/em>ended 0.3% lower at 19807.44 as yen advanced against the dollar. Australia\u2019s All Ordinaries Index is 0.1% down with the Australian dollar resuming its climb against the greenback.<\/p>\n

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Oil higher on smaller US inventory build<\/h2>\n<\/div>\n<\/div>\n

Oil futures prices\u00a0<\/b>are rising today. Prices climbed yesterday helped by US government data showing a smaller than expected rise in crude supplies and a report from the International Energy Agency indicating global crude production fell for the first time in four months in August. The US Energy Information Administration said domestic crude supplies climbed by 5.9 million barrels. November Brent crude rose 1.6% to $55.16 a barrel on Wednesday on London\u2019s ICE Futures exchange.<\/p>\n

Market Analysis provided by IFCMarkets<\/a><\/p>

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Note:
\nThis overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or \u0430 recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.<\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets US stock indices close at fresh highs US stock indices\u00a0closed at fresh record highs in a choppy trade on Wednesday. The dollar strengthened as producer price index rose 0.2% in August after 0.1% decline in July: the\u00a0live dollar index\u00a0data show the ICE US Dollar index, a measure of the dollar\u2019s strength against a […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-112800","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=112800"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112800\/revisions"}],"predecessor-version":[{"id":112809,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/112800\/revisions\/112809"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=112800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=112800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=112800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}