Rational Thinking – Sterling rally on…

Last Week
GBP

  • Strong Conservatives majority.
  • Labour Party lost further ground.

EUR

  • Christine Lagarde outlined ECB vision.
  • ECB resolute in restoring price stability.

USD

  • China trade talks weigh on dollar.
  • Trade deal may happen after 2020 election.
  • 15% tariff on $156 billion Chinese products.
  • Nonfarm payrolls increased by 266,000.

Week Ahead
GBP

  • Parliamentary election.

EUR

  • German ZEW Survey.
  • German Harmonized Index of Consumer Prices.
  • ECB Interest Rate Decision.
  • Deposit Rate Decision.
  • ECB Monetary Policy & Press conference.

USD

  • Consumer Price Index (MoM).
  • Consumer Price Index (YoY).
  • Fed Interest Rate Decision.
  • Fed Policy Statement & FOMC Press Conference.
  • Retail Sales.

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