Week Ahead
To kick start the Week UK will release its Industrial Production report which is a key indicator on their current manufacturing growth followed by Gross Domestic Product. GDP is considered as key event for their current Economic Sentiment which will give us an indication post Brexit. On Tuesday the parliament will decide the UK PM May’s Brexit plan is valid or not. In case the parliament don’t approve it, chances of hard Brexit will increase exponentially. The Consumer Price Index (CPI) Ex Food & Energy released by the US Department of Labor Statistics is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Those volatile products such as food and energy are excluded in order to capture an accurate calculation. To start the busy day Euro Zone will release their ECB Interest Rate Decision which is considered among Investors & Analysts that the decision will remain the same throughout 2018. Followed by important indicator of the current Economic Projections for the Year 2019 with Interest Rates & Monetary Policy statement. Friday will an important day with Euro Markit Manufacturing PMI figures which will be very important data to indicate the current European Zone Economic Conditions & the overall economic conditions in Germany. Finally to conclude the Semi-Busy week US will release their retail sales figures which could be an indicator of their currenct economic spending of United States after easing Trade tensions.Monday
Tuesday
The Average earnings is the key indicator of how levels of pay are changing within the UK economy. The positive earnings growth anticipates positive whereas a low reading is seen as negative the economic sentiment survey measures the institutional investor sentiment, reflecting the difference between the share of investors and share of analysts.Wednesday
Thursday
Friday