Analysis

GBPUSD ahead of UK’s Nationwide House Prices [Video]

It’s Wednesday, June 28th. My name is Kiana Danial, CEO of Invest Diva, and here is a rundown of the economic data expected to shake the markets today. During the London session UK’s Nationwide House Prices n.s.a. (YoY) (JUN) will be out, expected to have dropped to 1.9% comparing to last month’s 2.1% reading on a year-on-year basis. Before that, during the Asian session, Japan’s Small Business Confidence (JUN) will be out at 5 AM GMT, followed by the UBS Consumption Indicator (MAY) which could create some volatility in the CHF crosses. Later during the New York session, we have the US Advance Goods Trade Balance (MAY) at 12:30 PM GMT, as well as their Wholesale Inventories (MAY P). Both numbers are expected to have improved from the previous reading. During the next day’s Asian session, Japan’s Retail Trade (YoY) (MAY) will be out at 11:50 PM GMT. Thanks for watching, invest responsibly and I wish you the best of luck making pips by trading forex.

 


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