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The week ahead 26.11.2018

26/11/2018

Economically-speaking, a very subdued end to the month with nothing really happening today. Tuesday’s US Consumer confidence is really where the scheduled events start and there is a  slew of Euro-data no-one cares about on Wednesday. On Thursday we come to this week's only event of potential significance with the release of the FOMC minutes. Although there was no change announced in the actual monetary policy at the last meeting, the minutes of the FOMC meeting will be put under the microscope to see if any clues for future direction can be determined. Of far more interest this week will be the sudden escalation of tension in the Crimea between Russia & Ukraine, with the possible imposition of martial law, and the ongoing Brexit fiasco that will bring comfort to neither Sterling nor the Euro.

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