Important upcoming events and publications for March 12 (GMT):
09:30 U.K. GDP and Industrial production are attracting the investors’ attention because of the uncertainty over Brexit Impact on economic performance. December GDP showed a sharp economy decline by 0.4% and industrial production declined in January by 0.5%.
12:30 U.S. Consumer Price Index is almost steadily slowing down on a y/y basis from July 2018, forming softer expectations for monetary policy. Meantime, the core index (excluding food and energy prices) remains at 2.2% y/y level.
Parliamentary voting on Brexit does not have an exact scheduled time, as it precedes the debates. Last time, January 15, the balance of power was 19:39. Then the PM May’s plan fails to get the support of the majority. The same result is expected this time, although the number of May supporters is predicted to grow.
See the detailed Economic calendar here
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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