Manage Watchlist
Watchlist Name:
Add Symbol:
 
Manage All Watchlists
Symbol 1
Close
Save to ...
New Watchlist Manage All Watchlists
Watch List 1
Close
Manage All Watchlists
Order Symbols By:
Most Recent Alphabetical
New Watchlist
Watch List 1
Close
Symbol Search
Symbol
Description
All sources
Sources
Simply start typing while on the chart to pull up this search box
United Kingdom GBP

United Kingdom PM Johnson Announcement on Coronavirus

Impact:
Medium

Latest Release:

Date:
Actual:
 
Forecast:
Previous/Revision:  
Period:
What Does It Measure?
The announcement by Prime Minister Johnson regarding coronavirus measures assesses the government's strategic response to the pandemic, particularly focusing on public health management, economic reopening, and restrictions. It measures critical areas such as health outcomes, economic stability, and societal behavior, affecting areas like employment and consumer confidence.
Frequency
Such announcements are typically made as needed, varying in frequency based on the severity of the pandemic situation, and are regarded as preliminary statements that may evolve as new data emerges.
Why Do Traders Care?
Traders closely monitor these announcements as they can significantly influence market sentiments and expectations concerning economic growth, impacting key assets like the British pound and UK equities. Positive statements suggesting a controlled pandemic and economic recovery are generally bullish for markets, while negative assessments may enforce bearish conditions.
What Is It Derived From?
The announcement is derived from a combination of public health data, scientific recommendations, and economic indicators, often utilizing expert opinions from health officials and economists. Typically, the government assesses current infection rates, vaccination data, and healthcare capacity to inform their public statements and policy decisions.
Description
The announcements can vary significantly in detail and implications, ranging from updates on lockdown measures to new economic support packages. Preliminary data from these announcements can spark immediate trader reactions due to their timely nature, while detailed follow-up reports, if issued later, update the market with more refined insights.
Additional Notes
These announcements are generally considered coincident indicators as they reflect current economic conditions directly influenced by pandemic developments. Such events often have ripple effects, impacting not only domestic markets but potentially causing shifts in investor sentiment globally as other nations may respond similarly based on the UK’s trajectory.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for GBP, Bullish for Stocks. Lower than expected: Bearish for GBP, Bearish for Stocks. Dovish tone: Signaling lower economic activity or continued support measures, is usually bad for the GBP but good for Stocks due to potential short-term stimulus benefits.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
Jun 23, 2020