10 days until UK general election

Hi everyone,

Not long now until the festivities start, but before then we have a minor event in the way of a general election just 10 days away. This weekend saw 5 fresh polls released, that showed Labour slowly closing the gap on the Conservatives. The probability of a Tory majority is down 5% to a 65% chance of success as it stands. 

There is practically no exciting data out for the UK this week, so the market will be nearly moving on polls alone. Thursday & Friday provides some interesting figures for the EU & US though, that may see some weakness there.

For now, the Pound holds onto its strong position on the board. 




Upcoming Data


Tuesday, 3rd December, 2019

09:30 UK - Construction PMI
10:00 EU - Euro-Zone PPI

Wednesday, 4th December, 2019

09:00 EU - Euro-Zone PMI
09:30 UK - Services PMI
12:00 US - Mortgage applications
13:15 US - Employment change
14:45 US - Services PMI
15:00 US - Manufacturing/services composite

Thursday, 5th December, 2019

07:00 EU - German factory orders
08:30 EU - German construction PMI
10:00 EU - Euro-Zone retails sales, GDP & Government expenditure
13:30 US - Jobless claims & trade balance
15:00 US - Durable goods & factory orders

Friday, 6th December, 2019

07:00 EU - German industrial production
13:30 US - Non-farm payrolls, unemployment rate & average earnings
20:00 US - Consumer credit 


Dan Waterman
Office Manager



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