Okachan-man's 1-minute rundown of this week's important events (Week of October 14)
This week's economic indicators! There are three important events that Okachan-man is watching closely
① Brexit negotiations
② U.S.-China talks
③ Risk factors
Ancient FX Blog
(Below is a transcription of the video)
Hello everyone, this is Okachan-man. This is a video outlining the three key points for this week that Okachan-man highlights in one minute.
First point is Brexit negotiations, second is U.S.-China talks, and third is risk factors. Regarding the Brexit negotiations, reports last week said negotiations had progressed, and the pound was bought up significantly. I think this week will also be pivotal, with the EU Summit on the 17th-18th and the withdrawal agreement deadline on the 19th being the biggest points of focus.
As for the U.S.-China talks, it is said last week that an agreement was reached, but the additional 15% tariffs mentioned would be postponed, so if the postponement goes smoothly, there should be no problem. However, since last week’s agreement was described as the first phase, whether the second phase negotiations will advance is also a key point this week.
Third, risk factors. Last week drew a lot of attention to the U.S.-China and Brexit, so other issues weren’t as noticed, but Turkey invaded Syria, and there have been reports of an Iranian tanker being bombed in the Middle East, so these may become focal points going forward. Also, the tariff issue from the United States toward the EU and Trump’s impeachment issue are expected to be risk factors as well.
This week, I think Brexit will be the main focus, with other U.S.-China risks and factors drawing attention as well. I also expect the pound to experience significant swings, so I want to be careful about that.
Let's push through this week as well. This was Okachan-man.
