The data has already been published, and it is clear that retail sales fell in the UK in February and turned out to be in negative territory, the spread of coronavirus and restrictive measures I suppose will continue to negatively affect
Процентная ставка, по которой Банк Англии предоставляет кредит финансовым учреждениям на ночь. В условиях пандемии произошло беспрецендентное снижение ставки 11 марта на ,5% и 19 марта на 0,15% до 0,1%. Полагаю, ставка останется пока на этом уровне.
Today I’m assuming that the rate will remain at the same level, because a lot of effort has been put into quarantine because of the coronovirus that has slowed down all the economies of the world, I will support the pound, since at the last emergency meeting the Bank of England introduced a support program economics
The US initial jobless claims increased to 281 thousand last week. It's expected to decrease as a correction down after the last sharp increase reaching the highest since September 2017.
It's clearly that coronavirus pandemic effected on the labour sector as seen in the recent sharp increase.
Continuing jobless claims down to 1701K from 1722K.
Important indicators release at the same time, GDP price index expected to up 1.8% from 1.3%, and total of goods in inventory kept by wholesalers down to -0.4% from -0.2%. and goods trade balance up to -65.5B $ from -68.33B $.