Expectations for the upcoming week
The upcoming week will be filled with statistical data, such as GDP and the results of meetings of world central banks. The beginning of the week will be saturated with the UK data. On Monday and Tuesday, there will be data on GDP and employment in the UK, respectively. Despite restrained and ambiguous expectations the fundamental factors associated with the UK government and Brexit will have the main influence on the British pound, in addition to statistics.
On Wednesday, there will be inflation data in the United States, which will have a noticeable effect on the American dollar before the December Fed meeting and after weak employment data in the United States. On Thursday, attention will shift to Europe, namely to the meeting results of the National Bank of Switzerland and the ECB meeting minutes. From these meetings no changes in monetary policies are expected, but according to rumors, the ECB may signal a tightening of monetary policy in the future. (Anton Hanzenko)
We would like to remind you that you can always get acquainted with the upcoming news in the Economic Calendar, and in the Analytics section there are technical analysis, experts’ opinions and Trade signals!
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