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The discussions of Brexit and the reactions of the pound have long been most vivid. The problem seemed on the verge of solving but alas, the decision is postponed again. The pound is nervous because of Brexit complications, and its perspectives are directly connected to the upcoming end of the drama.
Tag: gbp/usd
This week is promising to be rather active for capital markets. We are expecting the statistics, the sessions of Central Banks and watching the Brexit soap opera.
Investors have long become used to the non-stop mighty flow of news, flooding the market. This week is no exception; however, the list of the planned news at the moment looks pretty neutral.
The beginning of October was turbulent, so this week investors must be happy if there will be fewer reasons to increase the volatility. However, there are enough reasons for movements in the macroeconomic calendar, as well as in the list of foreign policy events.
The end of September and the beginning of October are not going to be too stressful in terms of the news: planned events able to influence the key assets are rather few, while the macroeconomic statistics are abundant.
The one but last week of September is going to be rather calm for capital and currency markets; everything we were waiting for has already happened. The time has come for consolidation and forecasts of the nearest future.
At the beginning of the new week, capital markets are focused on oil as well as on the approaching session of the Federal Reserve System. Investors are not going to get bored.
In the second week of September, there are going to be lots of interesting events able to move the global markets. Ready! Steady! Go!