Date
GMT+01:00
Event Value
May, 09 06:00
Leading Indicators
Leading Indicators
Country:
Date: May, 09 06:00
Importance: Low
Previous: 111.8
Forecast: 111.3
Actual: -
Period: Mar
This index is designed to predict the direction of the economy, but it tends to have a muted impact because most of the indicators used in the calculation are released previously. There's a revised version of this indicator released about 10 days later, but it's not included for lack of significance. Source changed series from a diffusion index to a composite index as of Jun 2008. Combined reading of 11 economic indicators related to employment, production, new orders, consumer confidence, housing, stock prices, money supply, and interest rate spreads.
111.8
May, 09 09:30
10-y Bond Auction
10-y Bond Auction
Country:
Date: May, 09 09:30
Importance: Low
Previous: 3,250%; 1.84
Forecast: -
Actual: -
Period: May
10-y Bond Auction is a leading market demand and profitability indicator. Profit falls compared to the previous auctions generally have a favourable influence on the currency.
3,250%; 1.84
May, 09 12:00
★★★
BoE Interest Rate Decision
BoE Interest Rate Decision
Country:
Date: May, 09 12:00
Importance: High
Previous: 5.25%
Forecast: 5.25%
Actual: -
Period: May

The announcement of whether the Bank of England has increased, decreased or maintained the key interest rate. The BoE meets monthly to decide on monetary policy. After each meeting policy decisions are announced. The main task of the Bank of England's Monetary Policy Committee is to set the monetary stance by fixing the overnight borrowing rate, which is incremental in determining the short-term rates. Through this mechanism, the BoE attempts to affect price levels in order to keep inflation within the target range while maintaining stable economic growth and employment.

The BOE Rate decision has great influence on financial markets. Changes in rates affect interest rates for consumer loans, mortgages, bond, and the exchange rate of the pound. Increases in rates or even expectations of increases tend to cause the pound to appreciate, while rate decreases cause the currency to depreciate.

5.25%
May, 09 12:00
★★★
MPC Official Bank Rate Votes
MPC Official Bank Rate Votes
Country:
Date: May, 09 12:00
Importance: High
Previous: 0-1-8
Forecast: 0-0-9
Actual: -
Period: May

This indicator shows how the BoE's Monetary Policy Committee voted. Published monthly, 13 days after the decision on interest rate was announced

0-1-8
May, 09 12:00
★★★
Monetary Policy Summary
Monetary Policy Summary
Country:
Date: May, 09 12:00
Importance: High
Previous: -
Forecast: -
Actual: -
Period: -
It's among the primary tools the MPC uses to communicate with investors about monetary policy. It contains the outcome of their vote on interest rates and other policy measures, along with commentary about the economic conditions that influenced their votes. Most importantly, it discusses the economic outlook and offers clues on the outcome of future votes.
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