Key Events in the Week Ahead 15-21 May 2023
This week investors focus will be on the US retail sales for April which will be released on Tuesday. The industrial production figures will also be released on Tuesday.
GBPUSD Pushes Higher on Economic Data
GBPUSD trades higher on better-than-expected economic data released earlier today. The UK economy expanded by 0.1% in November 2022 well above the forecasts for a 0.2% contraction.
Key events in the Week Ahead 31/10 – 6/11
Investors will focus on the following key events for the next week, after a strong rebound for equities and cryptocurrencies the previous week. Earnings season continues
Key events in the Week Ahead
This week there are many key events and releases starting on Monday, which is a PMI day with reports from Germany, France UK Eurozone and US. Large-cap companies will also attract investors’ attention.
Forex Today
Forex market and the U.S dollar index trying to stabilize after yesterday’s sell-off and a strong rebound in the equities markets. The U.S CPI came in at 8.2%, year over year, above the consensus of 8.1%.
GBPUSD The Bloodbath Continues
GBPUSD plunges to fresh all-time lows at 1.0359 during the Asian trading marking the biggest one day fall and extending the previous week slide. As of writing GBPUSD trades at 1.0548 the lowest level since February 1985.
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