Currency news this week 43

This week’s main news will be Wednesday’s adjustment to UK GDP. Any improvement on the previous estimate of 0.5% growth in Q1 will likely be positive for the Pound, while any revision downwards would have a negative effect on sterling.

Monday 23rd
0900 – Eurozone manufacturing & services PMI

Tuesday 24th
0400 – New Zealand inflation report
0700 – German GDP
0930 – UK public borrowing
1500 – US home sales

Wednesday 25th
0930 – UK GDP
1330 – US durable goods orders

Thursday 26th
0715 – Swiss trade balance
1020 – Speech: European Central Bank President Trichet

Friday 27th
Overnight – UK consumer confidence
1330 – US personal income & expenditure