Market insights

The IMF meets today - MI091023

Today sees the International Monetary Fund have a meeting of member states. This can have a knock on effect to international exchange rates globally, so traders will be following the outcome closely.

Other than that it's a very quiet day for scheduled news regarding forex (currency) markets. It's Columbus Day in the US and Thanksgiving in Canada, so scheduled news may not affect Pound rates today.

That may change in the early hours of tomorrow when there's like for like retail sales numbers out in the UK.

All news streams are dominated by the situation in Israel. The unfolding of events there are sending shockwaves through the markets currently with the price of oil pushing up dramatically in the last 24 hours.

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Economic calendar


UK: Tuesday 00:01 BRC Like for Like Retail Sales

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