EUR/USD
1.14966
0.290%
Gold
4378.46
2.686%
Oil
95.749
-1.776%
USD/JPY
155.634
-0.411%
GBP/USD
1.33789
-0.007%
GBP/JPY
208.229
-0.415%
Real-time News
On September 17th, when asked whether it was reasonable for the market to price in nearly four interest rate hikes within the next year, Bank of England Governor Bailey said on Thursday that the outlook was too unpredictable, adding that his officials had not yet discussed this. "Weve had a lot of discussions this time, but we havent discussed the prospect of four rate hikes," Bailey told the media after the Bank of England kept interest rates unchanged but warned of rising inflationary pressures. He added, "The market has to form its own judgment, but I must point out: the current situation... is simply too unpredictable." Bailey stated that the state of the UK gilt market—with the 30-year gilt yield hitting its highest level since 1998 this week—did not influence the banks announcement. Bailey said, "We planned this work long before the Middle East conflict, so this is not at all a reaction to market conditions."The U.S. pending home sales index fell 4.9% year-over-year in August, compared with a forecast of -3.9% and a previous reading of -2.50%.The U.S. pending home sales index rose 0.3% month-over-month in August, compared with expectations of -0.6% and a revised previous reading of -2.6% (from -2.30%).The U.S. pending home sales index for August was 71.2, revised from 71.2 in the previous month.Israels Permanent Representative to the United Nations: Our message to the Syrian government is very clear: if you wish to reintegrate into the international community, you must ensure that Syria is not used as a platform for terrorist activities or an arena for foreign powers to vie for power.
