+
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
.png){kind=logo}
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
After a relatively quiet week for scheduled news we might see a bit of volatility today.
Throughout the day the global services, manufacturing and composite PMI numbers are reported.
This is a good indication of the global economy.
A median reading is 50. Above that is seen as positive and below is negative.
The general consensus is for readings of 50+ around the world.
This could be the catalyst required in an otherwise turgid week.
In amongst the data is the Bank of Canadas interest rate decision where a 25 point cut to 4.5% is expected.
Business news centres on competitive mortgage rates as the Nationwide offers the first sub 4% deal on a 5 year fixed term.
EUR: 09:00 Services and Manufacturing PMI
UK: 09:30 Services and Manufacturing PMI
CAN: 14:45 BoC Interest Rate Decision
US: 14:45 Services and Manufacturing PMI
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.
