+
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
.png){kind=logo}
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Yesterdays data from the US may put further pressure on the FED to keep interest rates where they are.
This, in turn, caused the Greenback to gain sharply versus Sterling.
The Michigan consumer sentiment reading published later could change that. This number, for the US economy, is often seen as a fairly accurate estimate of either consumer confidence or lack thereof.
Around the same time there's a further speech from the ECB, although yesterdays similar speeches did little to affect GBP/EUR.
The early hours of Monday sees Rightmove, in the UK, release it's house price changes both month on month and annual. This could give some indication of whether the UK housing market is continuing to recover.
There's also Chinese retail sales and industrial production figures out early Monday. Given the size of the Chinese economy, and in particular it's export market, these figures will be keenly followed.
Business news is particularly thin on the ground at the moment with nothing of note, as yet, today to move the markets.
US: 14:00 Michigan Consumer Sentiment Index
EUR: 14:30 ECB's Philip Lane Speech
UK: Monday 00:01 Right House Price Index
CHN: Monday 02:00 Retail Sales
CHN: Monday 02:00 Industrial Production
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.
