It is a USD holiday today and FX moves are usually muted. The global currency markets suffered sharp fluctuations in 2016 and 2017 had a rocky start too as numerous political and economic changes combined to increase volatility. All and all we know that Greece is back in the news; Trump’s uncertainty worries investors and Brexit is getting real. Today, The House of Lords are in the process of passing Theresa May’s Brexit bill with expectations that amendments could follow. With the deadline for Article 50 still expected for March, those with any FX requirements in the next 2 weeks are urged to get in touch to see how Indigo FX can help take advantage from the “uncertainty” dips and spikes that Brexit brings. Indigo FX has gathered the events that will move the markets this week:
Monday
- 11:00 – UK CBI Industrial Orders (Feb)
Tuesday
- 08:30 – Eurozone German Manufacturing PMI (Feb)
- 08:30 – Eurozone German Services PMI (Feb)
- 09:00 – Eurozone Manufacturing PMI (Feb)
- 09:00 – Eurozone Markit Composite PMI (Feb)
- 09:00 – Eurozone Services PMI (Feb)
- 14:45 – US Manufacturing PMI (Feb)
- 14:45 – US Services PMI (Feb)
Wednesday
- 09:00 – Eurozone German Business Expectations
- 09:00 – Eurozone German Current Assessment (Feb)
- 09:00 – Eurozone Germany Ifo business Climate Index (Feb)
- 09:30 – UK Business Investment (YoY) (Q4)
- 09:30 – UK GDP (YoY) (Q4)
- 09:30 – UK GDP QoQ) (Q4)
- 10:00 – Eurozone CPI (MoM) (Jan)
- 10:00 – Eurozone CPI (YoY)(Jan)
- 15:00 – US Existing Home Sales (Jan)
- 19:00 – US FOMC Meeting Minutes
Thursday
- 07:00 – Eurozone German GDP (QoQ) (Q4)
- 07:00 – Eurozone German GDO (YoY) (Q4)
- 07:00 – Eurozone GfK German Consumer Climate (Mar)
Friday
- 09:30 – UK BBA Mortgage Approvals
- 15:00 – US New Home Sales (Jan)
