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Pound Sterling Forecast – A busy week ahead for Sterling exchange rates with lots of data out (Daniel Wright)

Monday, October 17, 2016 9:22
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(Before It's News)

Sterling exchange rates are no doubt in for a busy and volatile week this week with plenty of economic data releases due out for the market to get stuck in to.

I have listed the main key releases below and what to look out for. If you click on the links then you will get a more detailed explanation of what each release is and how it may impact the markets.

I have also outlined how I feel the week will pan out in my post above.

For further information, a live quote to see if you can save money over your bank or current broker then feel free to email me (Daniel Wright) on djw@currencies.co.uk and I will be more than happy to assist you personally. It still surprises me how many people contact me that felt they were getting a good rate with their broker that they had been using for years only to find out that they could be getting so much more through us, always make sure you check as it can make the difference of hundreds if not thousands of Pounds in your back pocket.

Tuesday, Oct 18
01:30 AUD

RBA Meeting’s Minutes Report

 
09:30 GBP

Core Consumer Price Index (YoY) (Sep)

 
09:30 GBP

Consumer Price Index (YoY) (Sep)

 
Wednesday, Oct 19
03:00 CNY

Gross Domestic Product (YoY) (Q3)

 
03:00 CNY

Gross Domestic Product (QoQ) (Q3)

 
15:00 CAD

Bank of Canada Monetary Policy Report

 
15:00 CAD

BOC Rate Statement

 
15:00 CAD

BOC Interest Rate Decision

 
Thursday, Oct 20
01:30 AUD

Employment Change s.a. (Sep)

 
01:30 AUD

Unemployment Rate s.a. (Sep)

 
12:45 EUR

ECB Interest Rate Decision (Oct 20)

 
12:45 EUR

ECB deposit rate decision

 
13:30 EUR

ECB Monetary policy statement and press conference

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