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Forex weekly outlook investing.com


forex weekly outlook investing.com

an event in London. Friday, October 19, china is to release data on third quarter growth as well as figures on fixed asset investment and industrial production. The UK is to publish data on service sector activity. Voters on Tuesday will decide and the results could influence the Trump administrations ability to pass additional tax and trade reforms. The UK is to release data on retail sales. Financial markets will be closed on Monday for the Labor Day holiday. M This week the.S. In the.S., the ADP nonfarm payrolls report and the ISMs non-manufacturing index will be released.

M, this week the.S.
Mid-term elections and the Federal Reserves November meeting will be the main events in focus as markets continue to digest Fridays strong.S.
M - After a week which saw a rout in global equity markets triggered by fears over rising bond yields, concerns about global growth and an escalating trade war theres a lot on this weeks calendar to keep investors on edge.

The UK is to publish data on manufacturing activity. The pound was also weaker against the dollar, with off.34.2968. Is to publish the weekly report on initial jobless claims. The ISM is to publish data on non-manufacturing activity. Investors will also be watching Mondays non-manufacturing PMI data from the Institute of Supply Management, as well as Thursdays weekly jobless claims figures and Fridays report on consumer sentiment. The Fed will begin its two day meeting on Wednesday, with markets anticipating no change to interest rates ahead of a widely expected rate hike in December. Sterling still notched up a weekly gain.09 after the Bank of England indicated Thursday that further interest rate hikes could be on the cards if goes smoothly.

Last week the.S. Is to report on building permits and housing starts. The Reserve Bank of New Zealand is to announce its latest monetary policy decision and hold a press conference. Tuesday, November 6, the Reserve Bank of Australia is to announce its benchmark interest rate and publish a rate statement which outlines economic conditions and the factors affecting the monetary policy decision. EUR/USD down.55.1602 in late trade after President Donald Trump said the European Unions proposal to eliminate auto tariffs was not good enough. Friday, November 9, the UK is to release data on GDP growth and manufacturing production. The euro zone is to report retail sales figures, while Germany is to produce data on industrial production.

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