Last week:
GBP

• BoE holds rates constant at 0.75%
• Q2 growth forecast cut to 0.2% from 0.0%
• MPC concerned about global trade tensions

USD

• FOMC leaves benchmark rate unchanged
• Inflation forecast has been lowered
• Rate cut almost certain in July

EUR

• Draghi points to 10bps cut in September
• ECB will roll out new targeted lending scheme
• Bank previously indicated rates would remain on hold

This week:
USD

• Trump and Xi expected to meet in Tokyo
• Negotiations are expected to resume

GBP

• Johnson and Hunt fight for Tory leadership
• Boris likely to come out in front