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Calendar event / Wednesday at 8:30 GMTpreviousforecastactualHigh Output PPI, Y/Y%+2.9%+2.9%+3.1%Med Core Output PPI, M/M%+0.1%+0.1%Med Core Output PPI, Y/Y%+2.1%+2.4%Med Input PPI, M/M%+0.5%+1%+1.3%Med Input PPI, Y/Y%+8.7%+9.4%+10.3%Med Output PPI, M/M%+0.2%+0.2%+0.4%
Calendar event / Wednesday at 8:30 GMT
GB UK monthly inflation figurespreviousforecastactualHigh CPI, Y/Y%+2.7%+2.5%+2.4%High Core CPI, Y/Y%+2.1%+1.9%High Retail Price Idx, Y/Y%+3.5%+3.5%+3.3%Med CPI, M/M%+0.7%+0.2%+0.1%Med Core CPI, M/M%+0.8%0%Med Retail Price Idx, M/M%+0.9%+0.3%0%
Calendar event / Tuesday at 8:30 GMT
GB UK monthly unemployment figurespreviousforecastactualHigh Jobless Claimants % of Workforce2.6%2.6%High Jobless Claimants-Adj+8700+18500Med Avg Earnings Ex-Bonuses, 3-Mo+2.9%+2.9%+3.1%Med Unemployment Rate, 3-Mo4%4%4%Med Unemployment, Net Chg, 3-Mo-55000-47000
Squawk / Tuesday at 5:39 GMTGBPUSD and FTSE 100 views with UK Employment report in focus
As global equity markets have stabilised from the end of last week after their recent aggressive selloffs, the focus returns to the data, with the spotlight today on the UK Employment report.
Key to watch for Tuesday will be the Average Earnings data, for signs of a labour market that is continuing to tighten and its potential impact on inflation.
Despite the focus on the data, this is still with the backdrop of the looming EU Brexit summit on Wednesday, with pre-negotiations not going positively.
Here we look at the technical sets ups in FX for the GBPUSD currency rate and in the equity space, the FTSE 100.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/gbpusd-and-ftse-100-views-with-uk-employment-report-in-focus/
Calendar event / 10 October 2018 at 8:30 GMT
GB UK tradepreviousforecastactualMed Global Goods-SA (GBP)-10B-11B-11.2BMed Non-EU Goods-SA (GBP)-2.8B-3.1B-4.2B
Calendar event / 03 October 2018 at 8:30 GMT
GB CIPS / Markit Services PMIpreviousforecastactualMed PMI, Services54.353.9
Squawk / 03 October 2018 at 6:51 GMTGBPUSD sits above key support into Theresa May’s Conference speech
Today, Wednesday 3rd October sees UK Prime Minister Theresa May deliver her keynote speech to the Conservative Party Conference.
This is of particulate note this year given the fragile position of Brexit negotiations and also Mrs May’s unsteady position as Tory Party leader and therefore Prime Minister.
Over the past 1-2 weeks, Sterling has been selling off, with GBPUSD losses from latter September now leaving the market vulnerable to a more bearish tone.
A GBPUSD move below 1.2894 would signal an intermediate-term bearish trend shift.
The UK benchmark equity index, the FTSE 100 has seen a firm rally since September, benefiting from the GBP weakness, and currently looks to extend those gains into early Q4.
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/gbpusd-sits-above-key-support-into-theresa-mays-conference-speech/
Calendar event / 01 October 2018 at 8:30 GMT
GB CIPS / Markit Manufacturing PMIpreviousforecastactualHigh PMI, Mfg5352.553.8
Squawk / 24 September 2018 at 5:42 GMTFTSE 100 surges as the Pound plunges amid resuming Brexit concerns
The FTSE 100 leapt higher Friday helped by a weakening GB Pound in the midst of renewed concerns regarding a more likely No Deal Brexit and with the current Conservative Government under Prime Minister Theresa May looking more fragile.
GBPUSD was technically weakened by Friday’s selloff, leaving risks still lower for late September (and beyond).
In addition, the already recovering FTSE 100 was boosted by a strong recovery on Base Metals markets, as we featured in our last report here
These factors leave the bias higher for the FTSE 100 into the end of Q3 (and on into October).
See the full article here: https://www.fxexplained.co.uk/forex-articles/current-market-analysis/ftse-100-surges-as-the-pound-plunges-amid-resuming-brexit-concerns/
Calendar event / 19 September 2018 at 8:30 GMT
GB UK monthly inflation figurespreviousforecastactualHigh CPI, Y/Y%+2.5%+2.4%+2.7%High Core CPI, Y/Y%+1.9%+1.8%+2.1%High Retail Price Idx, Y/Y%+3.2%+3.2%+3.5%Med CPI, M/M%0%+0.5%+0.7%Med Core CPI, M/M%-0.1%+0.8%Med Retail Price Idx, M/M%+0.1%+0.7%+0.9%