| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 00:30 | Australia | Trade Balance | December | 9.756 | | 8.356 |
| 00:30 | Australia | Building Permits, m/m | December | 2.6% | -1% | 8.2% |
During today's Asian trading, the US dollar rose against major currencies, partially offsetting yesterday's drop.
Investors are waiting for the results of the meetings of the Bank of England and the European Central Bank (ECB), which will be announced later today.
The Bank of England may raise the key rate for the second time in a row - from the current 0.25% to 0.5%, against the backdrop of record inflation in the UK for 30 years, economists and analysts believe. The last time the Bank of England raised rates at two meetings in a row was in 2004.
Meanwhile, the ECB probably will not change the main parameters of monetary policy following the results of the first meeting this year and will try to avoid "hawkish" rhetoric, while recognizing the presence of inflationary pressure.
Earlier, the ECB signaled that a rate hike in the short term is unlikely, since the European economy is recovering from the coronavirus pandemic slower than the American one. However, market participants and analysts believe that the ECB key rate will be raised twice by 10 basis points at the end of this year.
The ICE index, which tracks the dynamics of the dollar against six currencies (euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona) rose by 0.19% after falling by 0.47% yesterday.