Never miss a story from Nick Cawley

Subscribe to receive daily updates on publications
Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

You are subscribed to Nick Cawley

You can manage your subscriptions by following the link in the footer of each email you will receive

An error occurred submitting your form.
Please try again later.

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