The Pound starts the year well

Hi everyone,

Happy New Year and isn't it an odd feeling knowing we are closer to the year 2050 than to 1990. Where has the time gone..

Anyway, Sterling starts the first full business week of 2020 in the green across the board, hooray! Services PMI suggests the economy could pick up momentum in Q1, after better than expected figures earlier today.  

The Times have reported that on Wednesday, Boris Johnson will be opening talks with European Commission President Ursula von der Leyen on a post-Brexit trade deal. Any progress from the meeting (expected) will move the Pound positively.

There is some relatively important data due out this week, that will no doubt be keeping the market busy with Fridays figures key for any $ trades in the pipeline.

Finally for those of you reading this who are interested in purchasing property in France. We will once again be exhibiting at the France show at London Olympia along with a few our partners on January 25th & 26th. Tickets are free and so are the treats at our stands, so come and say hi!




Upcoming Data


Tuesday, 7th January, 2020

00:00 UK - Parliament returns
08:30 EU - German construction
10:00 EU - Euro-Zone CPI & retail sales
13:30 US - Trade balance
15:00 US - Non-manufacturing & services composite data
15:00 US - Durable goods & factory orders

Wednesday, 8th January, 2020

07:00 EU - German factory orders
09:30 UK - Unit labor costs
10:00 EU - Euro-Zone confidence
12:00 US - Mortgage applications
13:15 US - Employment change
20:00 US - Consumer credit

Thursday, 9th January, 2020

07:00 EU - German industrial production & trade balance
09:30 UK - Governor Carney conference 
10:00 EU - Euro-Zone unemployment rate
13:30 US - Jobless claims

Friday, 10th January, 2020

13:30 US - Change in non-farm & private payrolls
13:30 US - Unemployment rate & average earnings


Dan Waterman
Office Manager



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