Jan 11 – Economic Events Outlook – GDP and CPI Are Up by FX Leaders
UK Data in Focus

Jan 11 – Economic Events Outlook – GDP and CPI Are Up

Posted Friday, January 11, 2019 by
Rowan Crosby • 1 min read

At the moment it is all about the state of global economies as worries about growth continue to weight on worldwide markets.

Today we get an insight into two of the major economies and if there is anything to worry about.

The UK will release GDP data while the US has CPI. The US, in particular, has been a worry given the fact that interest rates are now on the rise.

However, the UK is still struggling with exactly how to manage Brexit and turn the economy around at the same time.

 

Major Economic Events To Watch

 

GBP – GDP

GDP is still positive in the UK which is certainly a good thing and we are expecting a 0.1% MoM increase.

GBP – Manufacturing Production

Last months figure was really poor and analysts are expecting a turnaround to 0.4% for November.

GBP – Trade Balance

This will be an interesting number given the fact that the Brexit negotiations are continuing and one of the key elements is all about trade.

USD – CPI

Expectation is for Core CPI to come in at 2.2% for the year and 0.2% for the month. Remember the target band is for CPI to be in the 2-3% band.

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About the author

Rowan Crosby is our Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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