What news should I watch out for this week?

[Jon Steeler]

[Djamel Brahimi]

This week we have a few thing happening in regards to the markets. 

To kick us off we have German IFO business climate, it will be interesting to see if German data can pick up at least a little after the poor numbers last week. Later in the day on Monday we have parliament debating and voting on an amendable motion in regards to Brexit, which all GBP traders will need to watch out for.

On Tuesday we have more German data with consumer confidence numbers coming out, and later in the day US and Canadian balance of trade numbers, there is also another meaningful vote on Brexit, again another one for pound traders to watch.

Wednesday there is another meaningful vote! and later in the day the ECB’s Draghi will be speaking.

Thursday we have the UK government expected to push through the Brexit postponement while later in the day we have US GDP figure. Also on Thursday one to watch out for is the fact thatsUS trade secretary Lighthizer and treasury secretary Mnuchin visit China for trade talks.

Finally on Friday we have the official Brexit date which is expected to be postponed based on the postponement being pushed through on Thursday and more US China trade talks, which we can hopefully expect to hear some news regarding progress.