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