Trading EUR: await news from the ECB
The ECB Monetary Policy Meeting Accounts will be released at 14:30 MT on January 16
Trade GBP on economic news
Brexit keeps looming over the UK economy creating uncertainty for the British pound. British economic growth rebounded in the second quarter as retail sales and construction benefited from a warm weather boost. However, problems remain. For example, the nation’s manufacturing sector slumped into recession. Recently Britain has started publishing GDP growth figures every month. These data will have a great impact on the Bank of England’s monetary policy and the GBP exchange rate.
• If GDP growth exceeds forecast, the GBP will gain.
• If GDP growth disappoints, the GBP will fall.
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Important events this week will bring us
We expect the US-China phase one trade deal to be signed on Wednesday and multiple important indicators for the USD. Plus, it is the first week of the earnings reports
Trading GBP on the news
The British yearly CPI will be released at 11:30 MT on January 15
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NETFLIX stock: overvalued or not?
Netflix releases its Q4'2019 earnings report on Tuesday at 13:00 MT (11:00 GMT). Are you ready to trade stock on it?
Will the BOC bring a challenge to the CAD traders?
The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
OIL: back to the rising curve?
Events in Libya pushed the oil price up. So what's the strategy to benefit from it?
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