mask Brexit & Stats Keeps the EUR & GBP in the Forefront

15/ 10/ 2019

Brexit & Stats Keeps the EUR & GBP in the Forefront

Daily Update - 15th October 2019

Yesterday’s Market

• EUR: Industrial Production

• BoE's Cunliffe speech

Yesterday’s Explained

It was a relatively quiet day on the Eurozone economic calendar on Monday. Economic data was limited to the Eurozone’s industrial production figures for September. According to Eurostat, industrial production rose by 0.4%, month-on-month in August, reversing a 0.4% decline in July. Economists had forecast a 0.3% rise.

 

Today's Market

• GBP: ILO Unemployment rate, Avg Earning excluding bonus

• EUR: ZEW survey

Today's Focus

On Wednesday, it will be a quiet macroeconomic day as there’re no data scheduled in the US, while the UK will publish ILO Unemployment rate that is expected to be the same and the Avg Earning excluding bonus. From the Euro side ZEW survey that is measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic will come out. While Brexit news will be the key drives, the UK job reports will also be important catalyst to watch for the day.