Weeks ahead of the UK general election, brace for consumer confidence, retail sales and public sector net borrowing figures.
A busy trading day ahead
Angeline Ong previews a busy upcoming trading day for Friday, 21 June, with key economic indicators including PMI data from the US, Japan, eurozone, and the UK. Focus areas include the strengthening US dollar amidst diminished expectations of an imminent Federal Reserve rate cut, implications of recent Swiss National Bank decisions on the Swiss franc, and anticipated inflation dynamics.
WTI prices
Additionally, Japan’s CPI and UK’s consumer confidence and retail data are on the agenda. She also hints at potential trading opportunities in the oil market, observing notable trends in WTI prices surpassing the 8,000 level.
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