• richard evans

Overnight news

Good morning

- USD continued to rise yesterday following the more hawkish Fed meeting

- Fed officials will be out of blackout period next week

- Market will look for more information when they begin to speak

- UK retail sales disappoint this morning sending GBP lower

- Covid cases continue to rise in UK, over 11,000 reported Thursday

- Although Telegraph reports this latest wave may peak in two weeks

- UK seeks extension from EU in NI border talks

- ECBs Weidmann calls for ECB emergency measures under PEPP to end soon

- BoJ keeps policy unchanged overnight

- Did extend some emergency Covid measures for a further six months from Sept

- BoJ also mention climate change in policy statement for the first time

- More details to follow at the July meeting on the details of any plans

- Nikkei down 0.19% to 28,964

- Shanghai Comp almost flat at 3,525

- USDCNY fixes 6.4361 from 6.4298

- 09.00 EU current account

- 19.30 UK consumer inflation expectations

- 20.30 CFTC position data

- Monday

- 02.30 PBoC rate announcement

- 02.30 AUS retail sales

1 view

Recent Posts

See All

Good morning UK inflation hits 9% as ex-BoE head King says rates at 1% are just nowhere near enough and wants a sign that BoE are really determined to get on top of the problem. I wonder whether ther

Good morning Firstly, apologies for the lack of report yesterday morning. I had a hospital appointment for my shoulder very early, somehow they were running behind by over an hour even though they ca

Good morning Both Feds Powell and Daly repeat that 50bps rises at the next two meetings is appropriate, the latter making clear 75bps is not really a consideration. US markets ended mixed but Asian ma