The Swiss National Bank Sight Deposit Interest Rate is predicted at -0.75%. Forex traders can compare this to the previous Swiss National Bank Sight Deposit Interest Rate, reported at -0.75%. Traders should monitor the press release following the announcement for clues about potential changes to monetary policy and the inflation outlook.
The UK Markit/CIPS Services PMI for August is predicted at 55.5, and the UK Markit/CIPS Composite PMI is predicted at 55.3. Forex traders can compare this to the UK Markit/CIPS Services PMI for July, reported at 59.6, and the UK Markit/CIPS Composite PMI reported at 59.2.
Risk aversion has caused the pound to suffer. However, according to MUFG economists, the pound will be bolstered by the Bank of England's willingness to continue its plans to roll back policy measures next year.
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