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Market Analysis

Major economic events are expected to increase trading opportunities this week.

The UK parliament will vote today on the Brexit and this is likely to impact the British pound sterling (GBP).

Major banks in the USA are expected to report their earnings and this could trigger the ‘bank trade.’

The Reserve Bank of Australia cut interest rates and as a result, the Australian dollar is trading lower, while the USD is gaining momentum with the existing geopolitical tensions.

The much anticipated Apple event will take place today and investors are hoping to see an increase in the tech giant’s stock price.

 

With a vote taking place in the UK parliament today, the GBP is under downward pressure. Will it continue to decline?