There were no data releases from the UK yesterday. Sterling is everyone’s favorite currency to sell at the moment,” said Neil Mellor, a senior foreign- exchange strategist at Bank of New York Mellon as FxEmpire reports. “You have economic news veering on the more negative side, then you have Osborne talking about all the various shocks the UK faces and the Brexit debate.“
Tuesday will bring UK Industrial Production data. No change is predicted. In the US session JOLTS Job Openings figures are scheduled for a release. Analysts are forecasting increase to 5.41 million.
Figures to watch:
Industrial Production (Tuesday 10:30)
JOLTS Job Openings (Tuesday 16:00)
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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