Danske Bank analysts suggest that market’s focus is on Brexit negotiations, as today is the last day to reach an agreement ahead of the EU summit starting tomorrow. Key Quotes “As obstacles remain, we think a deal is unlikely, but that is not the same as saying the negotiations are breaking down. Our base case remains, however, that we will get another extension followed by a snap election.” “Today’s main data release is US retail sales for September. Retail sales have grown for six consecutive months, so we would not be surprised if retail sales disappoint after some strong months. The data release is going to be key for many FOMC members whether to support another cut later this month or not.” “Fed’s Kaplan, Evans and Brainard all speak today. The question is whether they are supportive of another Fed cut or not. The Federal Reserve also releases its beige book at 20:00 CEST. ECB’s Knot speaks at 14:30 CEST and Lane speaks at 16:00 CEST.” “UK CPI inflation for September is due out today at 10:30 CEST.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD technical analysis: Sellers await entry below near-term rising trendline, 200-day SMA FX Street 4 years Danske Bank analysts suggest that market's focus is on Brexit negotiations, as today is the last day to reach an agreement ahead of the EU summit starting tomorrow. Key Quotes "As obstacles remain, we think a deal is unlikely, but that is not the same as saying the negotiations are breaking down. Our base case remains, however, that we will get another extension followed by a snap election." "Today's main data release is US retail sales for September. Retail sales have grown for six consecutive months, so we would not be surprised if retail sales disappoint after some strong months.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
