| Date GMT+00:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb, 05 09:30 |
★★ |
Construction PMI
Construction PMI
The Construction Purchasing Manager's Index (PMI) measures the level of activity among purchasing managers in the construction sector of the economy. Above 50 signals industry expansion; below 50 indicates a contraction. Construction figures are an important indicator of housing demand. |
40.1 | 42.0 | - | ||||||||||||||
| Feb, 05 10:00 |
★ |
Retail Sales
Retail Sales
Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures. The headline figure is expressed as the percentage change from the same month last year. |
0.2%; 2.3% | -0.2% | - | ||||||||||||||
| Feb, 05 12:00 |
★★★ |
BoE Interest Rate Decision
BoE Interest Rate Decision
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. |
3.75% | 3.75% | - | ||||||||||||||
| Feb, 05 12:00 |
★★★ |
MPC Official Bank Rate Votes
MPC Official Bank Rate Votes
This indicator shows how the BoE's Monetary Policy Committee voted. Published monthly, 13 days after the decision on interest rate was announced |
0-5-4 | 0-2-7 | - | ||||||||||||||
| Feb, 05 12:00 |
★★★ |
Monetary Policy Summary
Monetary Policy Summary
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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