IMF Meeting Overshadowed By Iran
A week long IMF meeting...
Whenever the International Monetary Fund members meet up the markets go on standby.
However, this time around there's so much geopolitical news that the central bankers aren't causing ripples as yet.
All of that could turn on a sixpence with bank Governors and Presidents making key note speeches throughout the week.
Besides the ongoing turmoil in the Middle East, normal economic activity continues...albeit more behind the scenes.
Scheduled news of note includes the Australian unemployment rate, Chinese retail sales, Eurozone inflation, and a read on the UK's GDP.
Plenty to keep risk on the table that Regency FX can sometimes help to mitigate with limit orders and forward contracts.
Your personal account manager is always on hand to go through these options.
Economic calendar:
Through the week: Speeches from central banks
- AUS: Thursday 02:00 Unemployment Rate
- CHN: Thursday 03:00 Retail Sales
- UK: Thursday 07:00 Monthly GDP Report
- EUR: Thursday 10:00 Inflation Data
So what next, what should you do?
As ever we look forward to keeping you in the loop and so please look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
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Kind regards,
David Evans
Co-Founder of Cle France.
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