Last week:GBP

• Theresa May under pressure to step down as PM
• Farage’s new Brexit party poses threat
• European elections on May 23
• Watch out for May-Corbyn snap deal

USD

• Trade tensions with China escalate
• Trump tweets tariffs on $200bn of goods from China would be cranked up to 25%
• Safe havens outperformed USD

Key Announcements

• US Retail sales
• Brexit updates