Important upcoming events and publications for January, 11 (GMT):
09:30 U. K. GDP for November is expected to mark some decline in the growth of the economy from 0.4% to 0.3% 3m/3m. A sharper slowdown can negatively affect GBP, returning fears that the economy suffers from uncertainty around Brexit.
13:30 U.S. Consumer Price index is closely monitored by markets, as it could affect the Fed’s policy. It is expected to maintain annual price growth rate at the level of 2.2% per year. Publication can affect the dynamics of USD in case of deviation from expectations.
17:00 U.S. Baker Hughes Rig Count may influence the course of crude oil trading. Despite falling prices at the end of last year, the drilling activity in the USA had continued its increase. Decline in the number of drilling rigs is able to support Brent and WTI prices.
See the detailed Economic calendar here
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
