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
Comments