Webinar: Brexit Speech and Talks to Dominate Next Week
In this webinar we looked ahead to next week’s drivers for GBP and EUR while all the time noting that Brexit speeches and talks will be of the upmost importance. U.S. and Euro-Zone data, Bank of Canada and the Reserve Bank of New Zealand releases will all be overshadowed by Brexit and upcoming trade discussions.
Discussions include –
- UK PM Theresa May will give a speech in Florence on Friday afternoon in an effort to kick-start Brexit talks and negotiations. A rumored GBP18-20 billion divorce bill offer from the UK may be enough to facilitate talks but the EU has been playing hardball throughout the talks.
- Euro-Zone inflation data is released on Friday and ECB President Mario Draghi will be hoping that it pushes higher, giving credence to the central bank’s ongoing quantitative easing program.
- The Bank of Canada and the reserve Bank of New Zealand make an appearance on the docket next week – will they move their respective currencies?
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--- Written by Nick Cawley, Analyst
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.