ForexLive morning news wrap: Perky pound again after decent GDP data. Yen and swiss franc weaker again.

Forex news for the European morning trading session 25 Oct 2017

News:

  • Hammond says GDP data shows UK has a successful and resilient economy
  • UK Q3 GDP appears to set the seal on a BOE rate hike, or does it ?
  • More from Davis (2) : Intention is to bring Brexit deal to UK parliament first
  • More from UK’s Davis: Implementation period will be quite simple
  • UK’s Davis says he expects guidance on implementation period in December
  • IFO poised to raise German GDP forecast
  • Spain’s Rajoy says election in Catalonia is the only way out
  • Dai-Ichi Life likely to increase unhedged foreign bond holdings in Oct-March period
  • Meui Yasuda Life says it will increase foreign bond holdings in H2 2017-18
  • Forex option contract expiries for today 25 Oct
  • India’s 2017-2018 GDP expectations lowered by economists
  • Yen and swiss franc sold again as USD demand prevails
  • Trading ideas for the European session
  • Forexlive Asia FX news wrap: Australian 3Q CPI disappoints

Data:

  • UK Q3 GDP first reading qq 0.4% vs 0.3% exp
  • Germany IFO Oct business climate 116.7 vs 115.1 exp
  • Switzerland CS Oct investor sentiment 32.0 vs 28.0 prev
  • Switzerland UBS Sept consumption indicator 1.56 vs 1.53 prev

A good day so far for the pound as better GDP data and yen weakness ( GBPJPY demand) has pushed GBP higher across the board.More summary to follow. Article Source

Добавить комментарий

Яндекс.Метрика