+
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
.png){kind=logo}
For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
Hold onto your hats in the next 24 hours.
After a relatively quiet week there should be enough irons in the fire to create movement.
First out of the traps is US inflation. Analysts are expecting the annualised growth rate to come in at 3.8% for the core Consumer Price Index. This would be down from the 4% last month.
Chatter in the markets suggest that this figure will be closely watched and could cause a surge in the US stock market if it's outside of the expected reading.
The reason behind this is interest rates. There is some belief that the FED could could rates as early as March this year, so this core reading will be key to that decision.
After that it's Chinese inflation in the early hours of Friday. The expected reading is annualised contraction of -0.4%.
However the Pound news comes in at breakfast tomorrow. Month on month GDP numbers are reported simultaneously with industrial and manufacturing data. For the monthly GDP it's expected there was a 0.2% growth from November.
Business news has some positivity for the UK retail sector. Both M&S and Tesco have announced stronger than expected sales for Christmas.
US: 13:30 Inflation Data
CHN: Friday 03:00 Inflation Data
UK: Friday 07:00 Monthly GDP Number
UK: Friday 07:00 Industrial and Manufacturing Report
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.
