Rational Thinking – Boris Johnson Vows To Withhold EU Payment

Last week:
GBP

  • UK-US political exchanges
  • Trump gives backing to Boris Johnson and Nigel Farage
  • Boris Johnson says if he was PM he would deliver Brexit by the end of October
  • GBP enjoyed some upside following comments from Trump

USD

  • Industrial data slowing the US
  • Fed also hinted at a potential interest rate cut
  • US Labour market also contracts

EUR

  • ECB pushes back timing of interest rate hikes
  • ECB wants to keep low interest rates and QE

This week: Key annoucements
GBP

  • GBP MoM
  • Manufacturing production MoM
  • Mark Carney speaking

EUR

  • Mario Draghi speaking

USD

  • CPI MoM
  • Core CPI MoM
  • Retail sales MoM
  • Core retail sales MoM