Trade Syndication · The week ahead · Tuesday, Oct 20

UK CPI y/y: Wednesday 02:00 ET

Forecast 3.4%, previous 3.1%, and the rest of the calendar for the week ahead.

These are the high-impact releases for the week of Oct 20, earliest first, with the forecast, the markets each one moves, and how the main one reacted the last time the same release came out. Times are New York time.

• Wed 02:00 ET: UK CPI y/y, forecast 3.4%

1. UK CPI y/y, Wednesday 02:00 ET

UK CPI y/y is due Wednesday 02:00 ET. Forecast 3.4%, previous 3.1%.

The markets it moves most: GBP/USD, FTSE 100, GBP/JPY.

Last time (Sep 16, 3.1%) GBP/JPY moved as far as −0.21% within the hour, 2.3× a normal hour.

Last time, replayed through the desk

Last time it came out, a sell on GBP/JPY at 02:05 ET, after the first 5-minute candle, out at 04:00 ET, 1 contract: a $15 fee, the desk up to 100% behind it, $27.14 earned. If it moves like that again, the same trade is there to take, with the desk’s capital behind you. It can just as well move the other way, or not at all. (Hypothetical: real prices replayed through the live engine, not a client result.)

You take the trade. The desk puts its own capital behind it, steps up as it proves itself, and pays you 90% of what that capital makes.

Trade the next move with the desk behind you →

Prices are from our market data feed; times are New York time (ET), and a day runs New York 17:00 to 17:00. This is market information, not investment advice or a recommendation to trade. Past moves do not predict future ones, and trading involves risk of loss. Economic releases, forecasts and actual figures are from the Forex Factory calendar. Where a trade is shown “replayed through the desk”, it is hypothetical: real market prices replayed through the live Trade Syndication engine at 1 contract. It illustrates how the desk allocates and pays; it is not the result of any client, and earnings can be zero.