Thursday May 11, 2017 - 08:23:29 GMT
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Forex Trading Ideas For 11 May 2017
Trading Ideas for 11 May 2017
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Amazing Trader Calendar:
Thu 11 May
08:30 GB- Output & Trade
11:00 GB- Bank of England Decision
Fri 12 May
12:30 US- Retail Sales, CPI
14:00 US- Prelim University of Michigan Survey
Weekly Event Risk Agenda
Markets are off to a cautious start again on Thursday. Expect traders to follow the lead of U.S. financial Markets again. This is a high profile day for U.K. data/news.
- EVENT RISK: Thursday-- 08:30 GMT GB- Output and Trade. The GBP is always highly sensitive to any data that can change the macro view on the economy outlook.
EVENT RISK: Thursday-- 11:00 GMT GB- BOE policy Decision. No rate changes are expected. The focus will be on the policy hawks.
- EVENT RISK: Friday-- 12:30 US- Retail Sales and CPI. Markets can be highly sensitive to these data, given the dependence on the consumer and the Fed targeting of inflation.
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