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3 Numbers to Watch: BoE report, US retail sales, Fed minutes
Wednesday has room to be the week’s unofficial surprise day, with the Bank of England (BoE) releasing its quarterly inflation report, US October Retail Sales and the Federal Reserve's minutes from the Federal Open Market Committee (FOMC) meeting on October 23-24. UK Bank of England Inflation Report (10:30 GMT) has the potential to be the biggest market mover today. The report includes the economic analysis and inflation outlook for the next two years that are used by the BoE’s Monetary Policy Committee to set monetary policy. The report is published quarterly, and given the amount of quantitative easing (QE), ... (full story)
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