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Slew of UK data eyed as Brexit endgame remains elusive

From xm.com

{video} It seems like it will be a quiet week on the Brexit front, so focus may turn back to UK economic data. Employment, inflation, and retail sales figures are due out on Tuesday, Wednesday, and Thursday respectively – all at 08:30 GMT. These may add some volatility to sterling, but the next ‘big move’ in the currency will likely be driven by updates in the Brexit rollercoaster, not economic data. In that sense, long-term upside risks for the pound seem to be accumulating. Markets have overlooked UK economic news for a while, focusing instead on the Brexit drama. The logic is that economic data are less important ... (full story)

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  • Category: Fundamental Analysis