Economic calendar: Quiet start to an interesting week

• No key readings scheduled for Monday

• Brexit-headlines likely to steer the pound

• FOMC and ECB minutes to be released later this week

Economic calendar on the first day of a new week is light. Traders will be offered industrial production data for August  from Czech Republic and Hungary at 8:00 am BST. Apart from that, trade balance data for September from Chile will be released at 1:00 pm BST while US consumer credit for August will see daylight at 8:00 pm BST. Some volatility on the USD-tied FX pair may surface at 3:20 pm BST as Fed member Kashkari will deliver a speech. Traders should keep in mind that the next round of trade talks is set to begin on Thursday so the topic is likely to enjoy increased media coverage this week. GBP traders should focus on Brexit headlines as it is said that the odds of a no-deal exit are increasing.

Key points in the calendar this week

• FOMC Minutes - Wednesday, 7:00 pm BST

• ECB Minutes - Thursday, 12:30 pm BST

• Next round of Sino-US trade negotiations - Thursday