Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View More
UK Market Weekly: Big Data and Brexit Vote | Webinar

UK Market Weekly: Big Data and Brexit Vote | Webinar

Nick Cawley, Senior Strategist

While the latest FOMC and ECB rate decisions on Wednesday and Thursday respectively may hold global sway, UK data and the Brexit Withdrawal bill vote will be of more interest to GBP and FTSE traders. The latest UK data painted a picture of weak underlying Q2 growth, an unwanted headache for UK PM Theresa May – and Bank of England governor Mark Carney - ahead of the Brexit vote in Parliament.

Other trading topics covered include –

  • UK PM Theresa May livelihood may be at stake as the EU Withdrawal bill goes to the vote in the House of Commons.
  • UK jobs, wages and inflation data may give clues to the timing of any UK rate hike.
  • The FOMC are fully expected to raise rates on Wednesday by another 0.25% while ECB President Draghi may well unveil a timetable for ending QE on Thursday.
  • GBPUSD and EURGBP trade set-ups look risky but Sterling bulls should keep tabs on GBPNZD and GBP CAD for potential long UK positions.

If you missed this webinar and would like to know about future events, you can 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 the constantly updated IG Client Sentiment Indicator.

--- Written by Nick Cawley, Analyst

To contact Nick, email him at nicholas.cawley@ig.com

Follow Nick on Twitter @nickcawley1

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES