
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
In the environment of uncertainties related to the Brexit negotiations, the pound needs support from other sources. PMI is a leading indicator of the economic health. A positive reading of this indicator can be an encouraging factor for the UK currency. If the actual figures turn out to be better than the forecast ones, the GBP will strengthen its positions versus the USD and the EUR. The index will be published at 11:30 MT time ion March 1. |
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The US Bureau of Labor Statistics will release its Consumer Price Index and many other critical events that will move the market this week!
Credit Suisse's collapse is in focus. What are the consequences of this problem? Let's discuss it here.
Consumer Price Index, Existing Home Sales, US Fed rate decision - all of these things we will discuss in our new review. Don't miss it out!
The RBA and the Bank of Canada will add volatility to the AUD and the CAD, while USD is expected to be boosted by the Non-farm payrolls.
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