Market foсus

On Monday, October 23, 2017, the economic calendar will not be full of significant news. Among all the news is worth highlighting the data on the index of industrial orders (CBI) of Great Britain. This indicator is one of the main indicators of the state of business in the UK. So, this indicator is given a special attention in the Brexit conditions.

According to the forecast, the index of industrial orders (CBI) will rise to 9 in October, exceeding the previous value at level of 7. If the data is released within the forecast, the Briton will receive some support. Therefore, the pound may grow in the range of 20-30 against competitors.

Alexander Sivtsov