Risk Event : GBP/USD on UK inflation
The trading opportunities widen next week as we see more corporates report earnings, but the event which Daily FX's Warren Venketas is watching is UK inflation. And the trade to watch is a short GBP/USD position.
(Partial Video Transcript)
Risk event centres on UK economy
JN: Welcome! Time now for Risk Event for the week starting Monday 16 October 2023. As we see a continuation of the earnings heat up, we’ve also got some economic data that could be of interest. Let’s go now to Warren Venketas from IG’s Johannesburg office.
Warren, what have you got for us for next week’s risk event?
WV: Hi Jeremy and thanks for having me. The risk event for next week that I will be focused on is centred around the UK economy and that’s via the UK jobs report. More specifically, the UK consumer price index release.
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