Central bank chiefs gather under one roof | 14/11/17

[IronFX The Global Leader in Online Trading]( 14th November 2017 [start trading]( [open demo account]( All trading involves risk. It is possible to lose all your capital. Main Points of Today Central bank chiefs gather under one roof - Today, Fed Chair Janet Yellen, ECB President Mario Draghi, BoJ Governor Haruhiko Kuroda and BoE Governor Mark Carney will all form one panel in Frankfurt (10:00 GMT). - The topic will be communication challenges for policymakers. - In case of remarks on policy, we’d expect each chief to reiterate the stance of their respective Banks, more or less. - So for the Fed, we would expect comments that signal support for another rate hike in December. - BoJ’s Kuroda could be more dovish and thus, we see the case for a higher USD/JPY today. - As for Draghi and Carney, they are likely to appear neutral overall, as there haven’t been any major economic updates since the latest ECB and BoE meetings. As for the rest of today’s highlights: - UK: CPI rates for October (09:30 GMT) are anticipated to have risen. Although this could support GBP on the news, we doubt it will have much impact on the BoE’s policy plans and in any case, sterling’s near-term direction may be dictated primarily by Brexit developments. - Sweden: CPIs for October (08:30 GMT). Both the headline and the core rates are expected to decline, which could hurt SEK. - Norway: GDP prints for Q3 are forecast to show a slowdown in growth. NOK-negative. Speakers: Besides Yellen, Draghi, Carney and Kuroda, we will hear from ECB Executive Board members Lautenschlager (09:00 GMT) and Coeure (15:30 GMT). Also, BoE Deputy Governor Jon Cunliffe. [Download full report]( The Market USD/JPY [Image title] - Support: 113.10 (S1), 112.25 (S2), 111.70 (S3) - Resistance: 113.70 (R1), 114.30 (R2), 114.85 (R3) EUR/GBP [Image title] - Support: 0.8880 (S1), 0.8800 (S2), 0.8750 (S3) - Resistance: 0.8935 (R1), 0.8975 (R2), 0.9020 (R3) [View all Market insights]( [View IronFX Week Ahead report]( Economic Calendar [Image title] Prepared by: Charalambos Pissouros and Marios Hadjikyriacos [Facebook]( [Linkedin]( [Instagram]( [Twitter]( [Google+]( [YouTube]( - Tel: +44 (0) 20 3282 7777 - Email: support@ironfx.com High Risk Trading Warning: Our services include products that are traded on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance and your level of experience on these products. Trading with high leverage level can either be against you or for you. Margin products may not be suitable for everyone and you should ensure that you understand the risks involved. You should be aware of all the risks associated in regards to products that are traded on margin and seek independent financial advice, if necessary. Please read IronFX’s Risk Disclosure statement. Licences and Authorisations IronFX Global Limited is authorized and regulated by CySEC (Licence no. 125/10) Group Licences and Authorisations 8Safe UK Limited is authorized and regulated by the Financial Conduct Authority (FCA no. 585561) GVS (AU) Pty Limited is authorized and regulated by ASIC (AFSL no. 417482) IronFX does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. [Unsubscribe](