Expectations for the upcoming week
The market attention this week will be focused on data for the UK. In addition to the fact that on Tuesday and Wednesday in the UK, there are data on GDP and budget, these days there will be a vote on the Brexit deal. As a result, the UK Parliament will have to decide on the fate of Brexit and further relations with the EU. Therefore, these days a marked increase in volatility for the British ppund is expected.
It is also worth highlighting the data for the United States, which are evenly distributed throughout the week. On Friday, the market’s attention will be focused on the results of the Bank of Japan meeting and an inflation data in the Eurozone, from which they do not expect changes.
Read also: “The oil market and its main drivers in 2018”
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