{"id":88261,"date":"2016-04-18T06:45:46","date_gmt":"2016-04-18T10:45:46","guid":{"rendered":"http:\/\/countingpips.com\/?p=88261"},"modified":"2016-04-18T06:45:46","modified_gmt":"2016-04-18T10:45:46","slug":"ecb-uk-jobs-and-pmi-data-in-focus","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/04\/ecb-uk-jobs-and-pmi-data-in-focus\/","title":{"rendered":"ECB, UK jobs and PMI data in focus"},"content":{"rendered":"<div id=\"inves-52296769\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">April 18, 2016<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>The European Central Bank meets on Thursday and will announce its latest monetary policy decision. The ECB is expected to leave monetary policy unchanged.<\/p>\n<p>In March, the ECB announced a greater-than-expected range of stimulus measures aimed at boosting a fragile recovery in the region. The Bank introduced negative interest rates \u2013 it cut the deposit rate to minus-0.4 percent and the main refinancing rate to 0.0 percent. The ECB also extended its monthly asset purchases to 80 billion euros ($87 billion), that took effect in April.<\/p>\n<p>Other data in focus in the coming week will be PMI data. The flash manufacturing and services PMI for the Eurozone will be released on Friday. The data will provide some indication on economic trends in the euro area for the beginning of the second quarter.<\/p>\n<p>Flash manufacturing PMI Data will also be released in the US and Japan.<\/p>\n<p>Employment data out of the UK will be closely watched on Wednesday. The unemployment rate is forecast to stay at 5.1% but will be more important to watch will be wage growth numbers. Meanwhile, the release of retail sales numbers on Thursday will provide further information on the health of the UK\u2019s economy in the opening quarter of the year.<\/p><div id=\"inves-1163059181\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>On Thursday, initial jobless claims numbers and results from the Philadelphia Fed manufacturing survey are due from the US.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime The European Central Bank meets on Thursday and will announce its latest monetary policy decision. The ECB is expected to leave monetary policy unchanged. In March, the ECB announced a greater-than-expected range of stimulus measures aimed at boosting a fragile recovery in the region. The Bank introduced negative interest rates \u2013 it [&hellip;]<\/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-88261","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88261","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=88261"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88261\/revisions"}],"predecessor-version":[{"id":88291,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/88261\/revisions\/88291"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=88261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=88261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=88261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}