The economic calendar will be focussed on data like Service PMIs, CPI and GDP this week. But, investors are still digesting the fact that the Trump presidency is real now. There was a last-ditch attempt to stop Trump winning over the White House, which was unsuccessful. It’s now reality, Trump is the 45th President of the United States. However, there were no massive moves in the markets post Trump’s inauguration. Trump had the weekend off to celebrate his new life and apparently so did the markets. Today is the first business day with Trump in office, the first hundred days of Trump’s presidency has kicked-off. But what’s next? No one knows…
In ‘Brexit land’ things are getting real; the final chapter of the Brexit book will be known tomorrow. The supreme court will announce its judgement on the on-going Brexit Battles on January 24. Are you worried about the consequences of the UK leaving the single markets or how Trump’s far-fetched economic plans will affect your daily FX transactions? Indeed, the markets are highly volatile, but that does not mean you will be affected by the financial labyrinth. Our professional traders at Indigo FX will guide you in the right direction to help protect your businesses bottom-line and enhance your margins.
Below are the highlights for this week and a glimpse on the major market-movers:
Monday
- 11.00: Eurozone German BUBA Monthly Report
- 23.30: US ECB President Mario Draghi speech
Tuesday
- 09.00: Eurozone Manufacturing PMI (Jan)
- 09.00: Eurozone Markit Composite PMI (Jan)
- 09.00: Eurozone Services PMI (Jan)
- 14.45: US Manufacturing PMI (Jan)
- UK: Brexit Supreme Court Decision (tba)
Wednesday
- 09.00: Eurozone German IFO Business Climate Index (Jan)
- 11.00: UK CBI Industrial Tredns Orders (Jan)
- 13.15: Eurozone German Bupa President Weidmann speaks
- 14.30: US Crude Oil Inventories
- 16.00: UK BoE Gov Carney Speaks
Thursday
• 09.30: UK BBA Mortgage Approvals
• 09.30: UK GDP (QoW) (Q4)
• 09.30: UK GDP (YoY) (Q4)
• 13.30: US Continuing Jobless Claims
• 13.30: US Initial Jobless Claims
• 15.00: New Home Sales (Dec)
Friday
• 13.30: US Core Durable Goods Orders (MoM) (Dec)
• 13.30: US Durable Goods Orders (MoM) (Dec)
• 13.30: US GDP (QoQ) (Q4)
• 15.00: Michigan Consumer Expectations (Jan)
• 15.00: Michigan Consumer Sentiment (Jan)
• 18.00: U.S Baker Hughes Oil Rig Count
To find out how these events may impact the currencies you deal with, speak with one of skilled traders today on 020 7856 2467.
*All times are GMT.
