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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
The UK's inflation number for September has been reported at 6.7% annualised growth, so no change from August and higher than the expected 6.5%. This will put the Bank of England in a bit of a conundrum over whether to hike rates on 2nd November. The currency markets responded accordingly with the Pound jumping slightly versus the Euro and the Dollar.
China reported it's GDP number in the early hours of this morning also with a better than expected annual growth of 4.9% which will help dispel some of the rhetoric around the health of the second largest economy in the world.
The Euro will be in the spotlight this morning with Eurozone inflation data out alongside a speech by the President of the ECB, Christine Lagarde. Analysts are expecting annualised growth of 4.5% for the Eurozone, so anything either side of that could make for choppy GBP/EUR rates.
After that it's the Dollars turn. No real big swinging news expected, but there's plenty of scheduled news out back to back, especially speeches from the FED.
The early hours of tomorrow sees the Australian unemployment rate report where the expectation is for the rate to hold at 3.7%.
EUR: 10:00 Inflation Number
EUR: 10:00 ECB's Christine Lagarde Speech
US: All Day - Speeches from the FED
AUS: Thursday 01:30 Unemployment Rate
As ever we look forward to looking after you and please keep an eye out for our next Insight.
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