With no major data releases from the UK yesterday, traders continue to watch the Brexit polls and remain unsure as what to expect as the June 23rd vote approaches. While consolidation helped to shore up the GBP ahead of the weekend the underlying trend continues to point towards further bearishness in the run-up to the EU membership referendum in June.
There will be no data releases both from the UK tomorrow. In the US session Building Permits and Housing Starts figures will be released. Analysts are predicting no significant change.
Figures to watch:
Building Permits/Housing Starts (Tuesday 14:30)
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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