IronFX Daily Commentary by Charalambos Pissouros | 19/02/2016
February 19, 2016 9:39 am
EU-UK talks: Will there be a deal? • EU summit ends today. The decision may determine UK’s future in the EU. • Deal: GBP may strengthen and referendum is set for as early as June. • No Deal: GBP could weaken as this may imply the UK gets less favorable terms in a future deal.
Today: • Germany: PPI for Jan. • Sweden: Unemployment rate for Jan. is exp. to rise. This could prove SEK-negative. • UK: Retail sales for Jan. are exp. to rise, but GBP reaction could be muted. • Eurozone: Prel. Consumer confidence for Feb. is exp. to fall. • US: CPI for Jan. is exp. to accelerate sharply. This could support USD. • Canada: CPI for Jan. is exp. to accelerate a bit. Also, retail sales for Dec. • Speakers: ECB Vice President Vitor Constancio and Cleveland Fed President Loretta Mester.
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EU-UK talks: Will there be a deal?
• EU summit ends today. The decision may determine UK’s future in the EU.
• Deal: GBP may strengthen and referendum is set for as early as June.
• No Deal: GBP could weaken as this may imply the UK gets less favorable terms in a future deal.
Today:
• Germany: PPI for Jan.
• Sweden: Unemployment rate for Jan. is exp. to rise. This could prove SEK-negative.
• UK: Retail sales for Jan. are exp. to rise, but GBP reaction could be muted.
• Eurozone: Prel. Consumer confidence for Feb. is exp. to fall.
• US: CPI for Jan. is exp. to accelerate sharply. This could support USD.
• Canada: CPI for Jan. is exp. to accelerate a bit. Also, retail sales for Dec.
• Speakers: ECB Vice President Vitor Constancio and Cleveland Fed President Loretta Mester.
Join us for more technical and fundamental analysis: http://www.ironfx.com
To get the latest Forex trading news you should:
• Download the IronFX Research app: http://goo.gl/jhQIxO
• Like us on Facebook: https://www.facebook.com/IronFX
• Follow us on Instagram: https://www.instagram.com/ironfx
• Follow us on LinkedIn: https://goo.gl/wSEbPN
• Follow us on Twitter: https://twitter.com/IronFXGlobal
• Circle us on Google+: https://www.google.com/+Ironfxglobal
• Subscribe to our Channel: http://bit.ly/1foFmCU
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