Daily Update - 11th October 2018
Common Currency Euro uplifted to its weeks high yesterday as the Brexit negotiation news are coming out positive. Sterling has been paring gains since the start of the European session and the raft of UK data hasn’t done anything to put a floor under it. GDP data for August was a little disappointing as the economy didn’t grow following a bumper month in July. Other figures released alongside the GDP data were a little better with manufacturing and industrial production data exceeding expectations on the month, while numbers for July were also revised higher. Day starts with a Speech from the Bank of England Governor Mark Carney ECB Monetary Policy Meeting Accounts contain an overview of financial market, economic and monetary developments. Which is a key indicator of the current Economic conditions of Euro Zone & It’s future projections on Interest Rates & inflationary Levels. Consumer Price Index is the measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Yesterday’s Markets
Yesterday’s explained
Today’s markets
Today’s explained
