European forex market starting today with the UK September CPI figures and UK September PPI figures due at 8:30GMT. The Eurozone September final CPI figures
and Eurozone August trade balance data will be released at 9:00GMT.
In the North America forex calendar the US MBA mortgage applications w.e. 11 October will be out at 11:00GMT. The Retail Sales m/m and Core Retail Sales m/m will be released at 12:30GMT. Business Inventories m/m and Retail Inventories m/m will e released at 14:00GMT. Fed Beige Book and Federal Budget Balance are due at 18:00. In Canada the CPI m/m and Foreign Securities Purchases will be out at 12:30GMT.
In our central bank calendar BoE Governor Carney and FOMC Member Evans Speak at 13:00. The ECB Executive Board Member Lane will deliver a speech at 14:00 while there is a Fed Governor Brainard Speech at 19:00.
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The central bank of China set the Yuan rate (USDCNY) at 7.0746 versus yesterday settlement at 7.0708.
Trade tensions between China and the US and the recent positive developments will continue to have a significant impact on forex markets. The coming days will be crucial for UK, as it prepares for its departure from the European Union on Oct. 31, Brexit developments will be the main force that drives Pound.