It’s a busy week for traders, especially from Wednesday onwards, as the UK, Japan, US and EU all release a raft of potentially market-moving data. In the background the German grand coalition may be back on the cards although the SPD party will have the ability to vote on the new arrangement, while on the ski-slopes of Davos the great and the good meet at this year’s World Economic Forum. And over in the US, the government shutdown continues.
Other UK topics covered include –
- BoE governor Mark Carney will hope that UK wage growth starts to pick-up.
- The ECB will leave all monetary policy levers untouched Thursday and are unlikely to talk about a quantitative easing timetable.
- UK Q4 GDP is expected to be released at 0.4% but the markets are coming round to the idea of a slightly higher print on Friday.
- If you missed this webinar and would like to know about future events, see the full DailyFX webinar schedule here.
DailyFX has a vast amount of updated resources to help traders make more informed decisions. These include a fully updated Economic Calendar, Educational and Trading Guides and a recently released IG Client Sentiment Indicator.
--- Written by Nick Cawley, Analyst
To contact Nick, email him at nicholas.cawley@ig.com
Follow Nick on Twitter @nickcawley1