Pound Sterling Forecast

Below is  data out this week that may have an effect on your currency transfers, of course there are pleanty of other matter effecting rates too at present.

Please remember that the more we see global uncertainty the more the AUD, NZD and ZAR should weaken, the more settled things are we should see those currncies fight back again (like this morning)

UK DATA

THIS WEEK:

• Monday 11.00am CBI distributive trades for November, previously at -11
• Tuesday 09.30am BOE mortgage approvals for October, previously 50.97k
• Tuesday 12.00 Chancellor Osborne gives Autumn Economic statement to
  Commons
• Wednesday 00.01am GFK consumer confidence for November, previously at
  -32
• Thursday 08.00am Halifax house prices for November, previously 1.2% m/m;
  -1.8% q/q
• Thursday 09.28am CIPS manufacturing PMI for November, previously at 47.4
• Friday 09.30am CIPS construction PMI for November, previously at 53.9

US DATA

THIS WEEK:

• Monday 15.00pm New home sales for October, previously at 313k
• Tuesday 14.00pm S+P Case Shiller home price, previously -3.8% y/y
• Tuesday 15.00pm Consumer confidence for November, previously at 39.8
• Wednesday 14.45pm Chicago PMI for November, previously at 58.4
• Wednesday 18.00pm Beige book release
• Thursday 15.00pm Manufacturing ISM for November, previously at 50.8
• Friday 13.30pm NFPs for November, previously 80k; unemployment rate
  previously 9%

EU DATA

THIS WEEK:

• Tuesday 10.00am Business climate index for November, previously at -0.18
• Tuesday 10.00am Consumer sentiment for November, previously at -20.4
• Wednesday 10.00am Flash HICP for November, previously at 3% y/y
• Wednesday 10.00am Unemployment for October, previously at 10.2%
• Thursday 08.58am Manufacturing PMI for October, previously at 46.4